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United Kingdom
Europe | United Kingdom
Settlement struck between Grant Thornton and Patisserie Valerie creditors
Four years after the uncovering of accounting anomalies that would lead to the collapse of Patisserie Valerie, former auditor Grant Thornton has struck a multi-million-pound settlement for the result
30 June 2022
United Kingdom
Europe | United Kingdom
FRP administrators to wind down Cleveland Bridge UK
Cleveland Bridge UK is set to be wound down, after administrators failed to secure a sale of the firm’s assets.
15 September 2021
United Kingdom
Europe | United Kingdom
How corporates can address their post-pandemic balance sheets
Amid the pandemic, UK corporates received a stream of government enforced credit support to stabilise and support businesses.
23 August 2021
Canada
North America | Canada
Le Château files for creditor protection, appoints PwC as monitor
Le Château, a Montreal-based fashion retailer, has filed for creditor protection.
28 October 2020
United Kingdom
Europe | United Kingdom
Number of UK insolvencies booms by 20% over three years
Since reaching a decade low in 2015, the number of insolvencies has spiked by a fifth, according to the most recent available figures.
20 March 2019
Kenya
Africa | Kenya
Deacons East Africa to unload assets to contend with substantial liabilities
Having come under administration late last year, apparel chain Deacons East Africa has announced that it will be unloading assets in order to raise the finances required for it to stay afloat, to whi
25 January 2019
United Kingdom
Europe | United Kingdom
Retailer Steinhoff suspends former CFO's consultancy
Steinhoff International has suspended consulting agreements with former CFO, Ben la Grange, and ex-Director Stehan Grobler as an investigation by Big Four firm PwC into accounting irregularities cont
31 August 2018
South Africa
Africa | South Africa
New salary information sparks fresh outrage around SAA consulting expenditure
The appointment of a number of senior executive consultants to the South African Airways (SAA) board earlier this year sparked outrage in the public, and the revelation that three of these executive
03 August 2018
Singapore
Asia | Singapore
oBike liquidators FTI Consulting respond to refund complaints in Singapore
In an update on the collapse of Singaporean bike-sharing outfit oBike, company liquidators FTI Consulting have said they’ve received more than 3,000 claims for a refund of customer deposits.
18 July 2018
United States
North America | United States
McKinsey faces conflict of interest questions over retirement fund
McKinsey & Company is under scrutiny after the Wall Street Journal uncovered evidence that its retirement fund held investments that may have created a conflict of interest in six bankruptcy cases in
22 June 2018
Asia
Asia | Regional
Toys R Us expected to fetch $1 billion in Asia sell-off with aid of Lazard
01 May 2018
United Kingdom
Europe | United Kingdom
Ailing Interserve hires Oliver Wyman, PwC and EY
Numerous reports have emerged over the course of October of construction-related professional services firm Interserve appealing to City consultants to advise on their dire financial situation.
30 October 2017
United Kingdom
Europe | United Kingdom
Administrations mostly ineffective, two thirds of UK businesses fail
Just 10% of businesses going into Administration successfully come through the process, according to new research.
16 November 2016
United Kingdom
Europe | United Kingdom
Advisors collect 18 million from Imtech bankruptcy
Last month engineering firm Imtech collapsed, sparking the largest bankruptcy ever in the Netherlands, and also one of the largest recent bankruptcies in the European engineering services industry.
28 September 2015
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Brazil