Administrators from KPMG appointed to City Motor Holdings
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Administrations
Begbies Traynor appointed administrators of William Anelay
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson appointed administrators of 4Children
Smith & Williamson has been appointed administrators of charity 4Children
Cowgill Holloway concludes sale of film distributor Metrodome
Cowgill Holloway Business Recovery has concluded the sale of assets of film distributor Metrodome to independent movie distributor 101 Films following appointment as administrators
FRP Advisory sells Harland Machine Systems to Accraply Europe
FRP Advisory sells business and assets of Harland Machine Systems Limited to Accraply Europe Limited
CVR Global sells DMG Steelworkers out of administration in pre-pack deal
Manufacturer DMG Steelworkers has been sold out of administration in a pre-pack deal by insolvency and restructuring firm CVR Global
CVR Global administrators appointed at foreign language school
Lee De’ath and Richard Toone, partners at CVR Global, were appointed joint-administrators of Lexden Centre (Oxford) Limited, trading as Colchester English Study Centre (CESC), on 29 June 2016
FRP Advisory appointed administrators to The Dunne Group Limited
Tom MacLennan, Iain Fraser and Geoff Rowley, partners at FRP Advisory, appointed as joint administrators to The Dunne Group Limited and five subsidiaries
Consumer deposits need greater protection in retail insolvencies
Law Commission recommends that consumers paying a cash deposit of £250 or more within six months of a retailer entering insolvency should be given limited preferential protection
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 accounts as a going concern
