Furloughed staff considered ‘super-priority’ creditors during administration

Coronavirus Furloughed staff considered ‘super-priority’ creditors during administration

2y Jeremy Chan

Furloughed staff considered ‘super-priority’ credi...

Recent court rulings clarify legal grey area caused by furlough scheme Read More...

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1,000 jobs lost as Jamie Oliver restaurant chain goes into administration

Company News 1,000 jobs lost as Jamie Oliver restaurant chain goes into administration

3y Tom Lemmon

1,000 jobs lost as Jamie Oliver restaurant chain g...

22 of 25 Jamie Oliver-owned restaurants have closed, after the celebrity chef’s restaurant chain went into administration today, resulting in approxim...

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KPMG and Barclays sued for 'engineering' administration of quarrying company

Big Four KPMG and Barclays sued for 'engineering' administration of quarrying company

5y Alia Shoaib, Reporter

KPMG and Barclays sued for 'engineering' administr...

Both Barclays and KPMG strongly refute allegations they conspired to lead a subsidiary into administration Read More...

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SFP sells off Pixel Projects and saves all staff

Business Recovery SFP sells off Pixel Projects and saves all staff

6y Stephanie Wix, Writer

SFP sells off Pixel Projects and saves all staff

Pixel Projects Limited (Pixel) has been sold by SFP, which has saved the positions of all 34 employees Read More...

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Analysis: Q3 statistics show Brexit insolvency rise and 'shadowy' behaviour

Business Regulation Analysis: Q3 statistics show Brexit insolvency rise and 'shadowy' behaviour

6y Stephanie Wix, Writer

Analysis: Q3 statistics show Brexit insolvency ris...

Brexit, and some directors looking to shut down their companies without further recourse, have contributed to the current insolvency landscape, invest...

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FRP Advisory sells Spectrum Contracting to Minstrell Recruitment

Accounting Firms FRP Advisory sells Spectrum Contracting to Minstrell Recruitment

6y Stephanie Wix, Writer

FRP Advisory sells Spectrum Contracting to Minstre...

Hundreds of jobs are secure after Spectrum Contracting has been sold out of administration to Minstrell Recruitment by FRP Advisory Read More...

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Administrators from KPMG appointed to City Motor Holdings

Business Recovery Administrators from KPMG appointed to City Motor Holdings

6y Richard Crump, Writer

Administrators from KPMG appointed to City Motor H...

Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies Read Mo...

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Begbies Traynor appointed administrators of William Anelay

Accounting Firms Begbies Traynor appointed administrators of William Anelay

6y Richard Crump, Writer

Begbies Traynor appointed administrators of Willia...

Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restora...

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Smith & Williamson appointed administrators of 4Children

Accounting Firms Smith & Williamson appointed administrators of 4Children

6y Richard Crump, Writer

Smith & Williamson appointed administrators of 4Ch...

Smith & Williamson has been appointed administrators of charity 4Children Read More...

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Cowgill Holloway concludes sale of film distributor Metrodome

Accounting Firms Cowgill Holloway concludes sale of film distributor Metrodome

6y Richard Crump, Writer

Cowgill Holloway concludes sale of film distributo...

Cowgill Holloway Business Recovery has concluded the sale of assets of film distributor Metrodome to independent movie distributor 101 Films following...

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FRP Advisory sells Harland Machine Systems to Accraply Europe

Accounting Firms FRP Advisory sells Harland Machine Systems to Accraply Europe

6y Richard Crump, Writer

FRP Advisory sells Harland Machine Systems to Accr...

FRP Advisory sells business and assets of Harland Machine Systems Limited to Accraply Europe Limited Read More...

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CVR Global sells DMG Steelworkers out of administration in pre-pack deal

Accounting Firms CVR Global sells DMG Steelworkers out of administration in pre-pack deal

6y Richard Crump, Writer

CVR Global sells DMG Steelworkers out of administr...

Manufacturer DMG Steelworkers has been sold out of administration in a pre-pack deal by insolvency and restructuring firm CVR Global Read More...

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CVR Global administrators appointed at foreign language school

Accounting Firms CVR Global administrators appointed at foreign language school

6y Richard Crump, Writer

CVR Global administrators appointed at foreign lan...

Lee De’ath and Richard Toone, partners at CVR Global, were appointed joint-administrators of Lexden Centre (Oxford) Limited, trading as Colchester Eng...

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FRP Advisory appointed administrators to The Dunne Group Limited 

Accounting Firms FRP Advisory appointed administrators to The Dunne Group Limited 

6y Richard Crump, Writer

FRP Advisory appointed administrators to The Dunne...

Tom MacLennan, Iain Fraser and Geoff Rowley, partners at FRP Advisory, appointed as joint administrators to The Dunne Group Limited and five subsidiar...

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Consumer deposits need greater protection in retail insolvencies

Business Recovery Consumer deposits need greater protection in retail insolvencies

6y Richard Crump, Writer

Consumer deposits need greater protection in retai...

Law Commission recommends that consumers paying a cash deposit of £250 or more within six months of a retailer entering insolvency should be given lim...

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MPs call on FRC to widen BHS audit probe into PwC

Accounting Firms MPs call on FRC to widen BHS audit probe into PwC

6y Richard Crump, Writer

MPs call on FRC to widen BHS audit probe into PwC

MPs urg the FRC to widen scope of its investigation to cover previous years when PwC audited BHS financial statements and signed off the company accou...

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Unpacking the Pre-Pack Pool

Business Recovery Unpacking the Pre-Pack Pool

6y Chris Warmoll, Writer

Unpacking the Pre-Pack Pool

The two most senior members at the Pre-Pack Pool tell Accountancy Age the Pool has made a pretty good start Read More...

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FRP Advisory sells Kiveton Park Steel out of administration

Accounting Firms FRP Advisory sells Kiveton Park Steel out of administration

6y Richard Crump, Writer

FRP Advisory sells Kiveton Park Steel out of admin...

Phil Pierce and Ben Woolrych, partners at FRP Advisory, have sold out of administration the business and assets of Kiveton Park Steel Limited Read Mor...

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Sir Phillip Green shifts blame for BHS sale on to advisers Grant Thornton, Olswang and Goldman Sachs

Accounting Firms Sir Phillip Green shifts blame for BHS sale on to advisers Grant Thornton, Olswang and Goldman Sachs

6y Richard Crump, Writer

Sir Phillip Green shifts blame for BHS sale on to ...

Green appeared to shift the blame on advisers involved in the sale – Grant Thornton, Goldman Sachs and Olswang – for failing to raise concerns about D...

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Former Torex CEO sues KPMG and RBS

Accounting Firms Former Torex CEO sues KPMG and RBS

6y Richard Crump, Writer

Former Torex CEO sues KPMG and RBS

Former chief executive of failed software company Torex Retal is suing RBS, KPMG and Cerberus Capital accusing the firms of fraud Read More...

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Austin Reed collapses as administrator fails to find buyer

Accounting Firms Austin Reed collapses as administrator fails to find buyer

6y Richard Crump, Writer

Austin Reed collapses as administrator fails to fi...

Austin Reed is to close all of its stores by the end of June after administrators were unable to find a buyer for the entire business Read More...

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Due diligence on BHS 'extensive' GT partner tells MPs

Accounting Firms Due diligence on BHS 'extensive' GT partner tells MPs

6y Chris Warmoll, Writer

Due diligence on BHS 'extensive' GT partner tells ...

The select committee heard that GT had not met up with the BHS pension scheme advisers or trustees, but had done so with Deloitte, Arcadia’s pension a...

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BIS launches insolvency consultation

Business Recovery BIS launches insolvency consultation

6y Chris Warmoll, Writer

BIS launches insolvency consultation

The proposed moratorium would last for three months, with the possibility of an extension, if needed Read More...

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BHS collapse blamed as clothing retailer enters administration

Business Recovery BHS collapse blamed as clothing retailer enters administration

6y Chris Warmoll, Writer

BHS collapse blamed as clothing retailer enters ad...

Clothing firm behind Pretty Polly tights blames BHS for its collapse Read More...

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New consortium enters fray to buy BHS empire

Accounting Firms New consortium enters fray to buy BHS empire

6y Chris Warmoll, Writer

New consortium enters fray to buy BHS empire

Greg Tufnell, brother of former England cricketer and TV personality Phil, is reportedly leading the bid by Richess Group to secure control of retail...

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IPA issues first specialist insolvency licence

Accounting Firms IPA issues first specialist insolvency licence

6y Chris Warmoll, Writer

IPA issues first specialist insolvency licence

IPA issues first personal insolvency licence after licensing regime opended to greater competition Read More...

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MPs hear from trio of Big Four firms over BHS advice

Accounting Firms MPs hear from trio of Big Four firms over BHS advice

6y Chris Warmoll, Writer

MPs hear from trio of Big Four firms over BHS advi...

KPMG raised concerns over Retail Acquisition's ability to continue to trade and fund both BHS Read More...

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