Insolvency News 3 of 18

HMRC Employee Benefits Trust Scheme Appeal

The scheme was contested in the first tier tribunal by the HMRC, which argued that it was illegal. But, Rangers protested their innocence, saying that payments were loans that could be repaid and thus, were not taxable. The tribunal sided…

Can Bradford Rugby Club be Saved from Liquidation?

As four-time super league Champions Bradford Rugby Club enter their seventh week of administration, hopes remain that the club may be spared liquidation. After a winding up petition served in October 2016, the club chairman Marc Green made the decision to…

88 Year Old Retailer BHS goes into Company Liquidation

Some 16 years after Philip Green took over British Home Stores for £200 million, a seminal part of the British high street has gone into liquidation. Since 2012 its fortunes declined steadily, with almost 500,000 customers deserting the brand. Then, in…