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No news found.
United Kingdom
Europe | United Kingdom
Creditors face huge losses from NMCN administration
Debts for unsecured creditors for construction firm NMCN has doubled since the firm collapsed in October, according to reports in the British press.
11 January 2022
United Kingdom
Europe | United Kingdom
Mazars appointed administrator for Leeds marketing agency
Professionals from Mazars have been tasked with the administration of Banana Kick. The firm fell into insolvency at the end of 2021.
06 January 2022
United Kingdom
Europe | United Kingdom
Interpath sells Lorne Hotel out of administration
A hotel forced to close its doors during the UK’s winter lockdown has been sold out of administration.
03 January 2022
United Kingdom
Europe | United Kingdom
Personal injury firm appoints administrators
Changes to the UK’s legal market have led to the collapse of MTA Personal Injury Solicitors.
20 December 2021
United States
North America | United States
PA Consulting adds Nathan Wicker to launch turnaround offering
PA Consulting, a global innovation and transformation consultancy, has hired Nathan Wicker to launch a turnaround and restructuring offering within the firm’s energy and utilities practice.
16 December 2021
United Kingdom
Europe | United Kingdom
WeSwap rescued from administration following Blackthorn deal
After becoming a victim of the global collapse in travel, currency exchange firm WeSwap has been saved from administration.
08 December 2021
United Kingdom
Europe | United Kingdom
Bluegreen Energy enters administration amid energy crisis
Interpath Advisory has been named as the administrator of Bluegreen Energy. The firm’s customers have transferred to British Gas.
23 November 2021
United Kingdom
Europe | United Kingdom
Administrators hopeful despite latest Derby points deduction
Championship football club Derby County has been stung with a second points deduction since falling into administration.
18 November 2021
United Kingdom
Europe | United Kingdom
PwC installed as administrator of Zebra Power
Amid a mounting crisis in the UK energy market, PwC has been appointed as administrator of Zebra Power.
17 November 2021
United Kingdom
Europe | United Kingdom
Firms must be proactive in consulting restructuring experts
As the UK Government’s temporary restrictions on insolvency procedures are phased out, restructuring firms will soon be in keen demand – meaning struggling companies which act slowly will find it har
15 November 2021
United Kingdom
Europe | United Kingdom
Quantuma oversees administration of Savants Restructuring
The UK insolvencies market is heating up, as the number of companies falling into administration rises with the fallback of government pandemic support.
10 November 2021
Asia
Asia | Regional
Dechert launches financial restructuring practice in Asia
International law firm Dechert has launched a financial restructuring practice in Asia.
19 October 2021
United Kingdom
Europe | United Kingdom
Administrators from A&M appointed to People's Energy
Amid the mounting energy crisis of the UK, Alvarez & Marsal has been appointed as Joint Administrators to the People’s Energy Company.
30 September 2021
United Kingdom
Europe | United Kingdom
Ankura builds high-profile team to enter UK restructuring market
Ankura Consulting has launched a European restructuring practice to work with businesses across various industries facing complex challenges following the pandemic.
28 September 2021
United Kingdom
Europe | United Kingdom
A&M appointed administrator to PFP Energy
Administrators from Alvarez & Marsal have been appointed to PFP Energy. The company’s customers have been transferred to British Gas as part of the Supplier of Last Resort process.
28 September 2021
United Kingdom
Europe | United Kingdom
Quantuma to oversee Derby County administration
Andrew Hosking, Carl Jackson and Andrew Andronikou, managing directors at business advisory firm Quantuma, have been appointed joint administrators of Derby County.
23 September 2021
Australia
Oceania | Australia
Deloitte wins prestigious international award for Virgin turnaroaund
The global Turnaround Management Association has lauded Deloitte for its work in saving Virgin Australia, the first time an Australian organisation has received the top honour.
22 September 2021
United Kingdom
Europe | United Kingdom
Kroll appointed for administration of Manchester hospitality firm
Restructuring experts from Kroll are overseeing the sale of a Manchester property business, with a hotel and apartment complex amid the firm’s portfolio.
22 September 2021
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
Kroll sells Ferrous Protection out of administration
The appointment of Kroll for an administration has helped secure 20 jobs in Lancashire. The professional services firm quickly sold Ferrous Protection’s assets in a pre-pack deal.
14 September 2021
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