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United Kingdom
Europe | United Kingdom
Administrators secure deal for Wigan Athletic
The future of former Premier League football club Wigan Athletic looks to have been secured, after administrators from Begbies Traynor announced new owners had been found.
17 March 2021
Middle East
Middle East | Regional
KPMG shares best practices for navigating financial distress
In a bid to support GCC leaders in financial distress or facing its prospect, experts at KPMG recently hosted a webinar where they discussed a number of restructuring and turnaround best practices.
16 March 2021
United Kingdom
Europe | United Kingdom
5,000 steel industry jobs at risk following Greensill collapse
The collapse of Greensill Capital into administration has placed thousands of jobs in the UK’s steel industry in jeopardy.
15 March 2021
United Kingdom
Europe | United Kingdom
KPMG's UK restructuring arm rebrands as Interpath Advisory
The UK wing of KPMG has signed an agreement with H.I.G. Europe to sell its UK restructuring practice.
05 March 2021
United Kingdom
Europe | United Kingdom
Greensill Capital lines up Grant Thornton for restructuring
Fintech firm Greensill Capital may be heading for bankruptcy after Credit Suisse froze $10 billion of its assets.
05 March 2021
United Kingdom
Europe | United Kingdom
EY appointed to shopping centre administration
Consultants from EY have been appointed to the administrate shopping centre owner IRAF UK Dragon.
01 March 2021
Asia
Asia | Regional
FTI Consulting selected to run Simplified Insolvency Programme
The government of Singapore has appointed FTI Consulting as one of its preferred restructuring advisers to run the Simplified Insolvency Programme (SIP).
24 February 2021
France
Europe | France
Bercy selects 22 consultancies for restructuring framework agreement
The French ministry of Economy and Finance – also known as ‘Bercy’ – has appointed over twenty consulting firms to its national framework agreement for restructuring and turnaround services.
23 February 2021
Middle East
Middle East | Regional
Leading restructuring consulting firms ramping up in Gulf
Specialist restructuring consulting firms are currently beefing up their numbers in the Middle East – in anticipation of widespread business struggles brought about by the coronavirus.
17 February 2021
United Kingdom
Europe | United Kingdom
Teneo 'in advanced talks' for Deloitte's UK restructuring arm
The continued saga regarding Deloitte’s UK restructuring business took another turn at the mid-point of February, months after Deloitte’s global leadership supposedly ruled out such a move.
16 February 2021
United Kingdom
Europe | United Kingdom
Begbies Traynor oversees administration of Tucan Travel
Specialist tour operator and travel agency Tucan Travel has collapsed with the loss of nine jobs.
04 February 2021
United States
North America | United States
Clear Thinking Group names Brian Allen as partner
Clear Thinking Group, a Hillsborough, NJ-based management consultancy specializing in turnaround and restructuring, has promoted Brian Allen to partner.
28 January 2021
United Kingdom
Europe | United Kingdom
RSM administrators complete sale of Bonmarché
In late 2020, fashion retailer Bonmarché fell into administration for the second time in 14 months, placing 1,500 jobs at risk.
21 January 2021
Australia
Oceania | Australia
HLB and McGrathNicol working on Dyldam's administration
Sydney-based real estate developer Dyldam is now fully under administration, with HLB Mann Judd and McGrathNicol seated at either side of the table.
12 January 2021
United Kingdom
Europe | United Kingdom
Private equity moving in on KPMG's restructuring division
The sale of KPMG UK’s restructuring arm is reportedly progressing at pace, just months after the global leadership of Big Four rival Deloitte vetoed similar efforts in its own British wing.
11 January 2021
United Kingdom
Europe | United Kingdom
Paperchase becomes latest victim of Covid-19 recession
UK stationary firm Paperchase is reportedly on the brink of administration, after muted Christmas sales thanks to Covid-19 restrictions.
11 January 2021
United Kingdom
Europe | United Kingdom
Deloitte to oversee BiFab administration
Administrators from Deloitte have been formally appointed to take control of the insolvent renewables manufacturer.
17 December 2020
United Kingdom
Europe | United Kingdom
Bonmarché appoints RSM for second administration in 18 months
Days after the collapse of retail empire Arcadia, fashion retailer Bonmarché has fallen into administration, placing 1,500 jobs at risk.
07 December 2020
United States
North America | United States
McKinsey waives millions in fees for work on Westmoreland Coal bankruptcy
Consulting firm McKinsey & Company has agreed to waive the fees for its work on the Westmoreland Coal bankruptcy, settling a nearly two-year mediation with the US Trustee Program (USTP).
04 December 2020
United Kingdom
Europe | United Kingdom
Deloitte named administrator as Arcadia collapses
Arcadia, the scandal-stricken parent firm of Topshop, Miss Selfridge and Burton among others, has appointed administrators from Deloitte.
03 December 2020
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