Engineering trade union Amicus has defended Land Rover in its dispute with KPMG/UPF, saying the role of accountancy firms should be scrutinised more c...
View articleProfit warnings for UK listed companies climbed 117% on the year, with almost half of companies citing the impact of 11 September as a direct factor i...
View articleLand Rover has won an High Court injunction forcing KPMG, receivers for UPF-Thompson, the collapsed chassis supplier, to maintain delivery of parts. R...
View articleLand Rover has returned to court in a bid to extend its injunction preventing UPF receivers KPMG from halting supplies of chassis for its Discovery ca...
View articleThe Big Five firm was appointed administrator to seven legal entities and liquidators to five in November and now has to find buyers for thousands of ...
View articlePricewaterhouseCoopers has estimated that gross liabilities of the energy trading arm of Enron's London-based European operations will be in excess of...
View articleShould insolvency figures reflect the position of a single company or a group of companies? Fred Satow says a better system can be devised. Jeremy Wil...
View articleInsolvency practitioners have bitterly complained they are not getting paid the rates they demand for their work for the Department of Trade and Indus...
View articleR3, the association of business recovery professionals, has attacked the misuse of power by big business against small suppliers and backed KPMG in it...
View articleRailtrack is to face a National Audit Office investigation as part of a wider probe into rail regulation and the costs of the company's administration...
View articlePricewaterhouseCoopers, interim administrator to bookstore chain James Thin, is to fire 60 staff and close seven of the company's 30 shops. Read More...
View articleA 24% rise in banned company directors may not be the result of Insolvency Act fast-track. Read More...
View articlePricewaterhouseCoopers has been appointed interim administrators to bookshop chain James Thin, proving that the downturn is still biting despite posit...
View articleThe downturn in the mobile phone industry has claimed its latest victim with The Wap Store Ltd going into receivership. Read More...
View articleTurnaround company Resurge has completed its first deal by helping to resurrect Somerset-based Moorgate Paper. Read More...
View articleRudy Giuliani, the former mayor of New York City, has revealed he is to team up with Ernst & Young to help struggling businesses in the Big Apple. Rea...
View articleChildren's entertainment rights company Just Group, owners of notorious cartoon characters Butt-Ugly Martians, have come crashing to earth following t...
View articleDespite the economic downturn, the number of business failures in the UK fell last year. London, however, recorded a significant increase, according t...
View articleRoger Oldfield, president of R3, the professional body for insolvency practitioners has said that he expects the number of companies going to the wall...
View articleErnst & Young has admitted Railtrack could stay in administration for up to a year, but bidders have demanded faster action on the sale process. Read ...
View articleThe number of company distress signals may have fallen during October but experts remain convinced there is trouble ahead for many businesses. Read Mo...
View articleA last-ditch settlement between the liquidators of the collapsed Barings Bank and its group auditor is hoped to be approved this week, before the £1bn...
View articleThe attacks on 11 September have not had as significant an impact on UK companies as previously expected, according to the latest statistics published...
View articleThe next set of insolvency figures for the UK will be radically 'skewed' by the administration of just one US company, car part manufacturer Federal-M...
View articleEnron administrator PricewaterhouseCoopers has secured its first sale after utilities company Centrica paid £96.4m in cash for Enron Direct Ltd, the c...
View articleAround 1,100 jobs are to go across the UK operation of Enron, the collapsed giant US energy company, just a day after the appointment of administrator...
View articleKPMG will become the liquidator of the New Millennium Experience Company, owner of the ill-fated Millennium Dome, once the company's final accounts ar...
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