Boulestin, the highly regarded French restaurant located in the heart of Mayfair, has avoided administration and found a buyer. The up-market eatery that is frequented by wealthy residents and financiers called in the administrators on 8 February and was acquired…
East Lifestyle Limited, the high street bohemian fashion retailer known as East has entered administration for the second time in three years, putting hundreds of jobs at risk. The womenswear retailer was founded by former Monsoon staff and opened its…
In a week when the high profile failures of two of the UK’s best known retail brands – BHS and Austin Reed – have dominated the business news, the insolvency trade body R3 has called for new rules to give…
Despite an excellent finish to 2015 and a strong start to the new year, there are warnings from industry insiders that UK businesses should expect a bumpy ride in 2016. The recent company insolvency statistics for Q4 of 2015 show…
In the last week the final stage of the government’s pre-pack administration reforms has been announced, which includes the introduction of a pool of business experts to review pre-packs when connected parties are involved. Although there are relatively few pre-packs…
Recent research carried out by the leading corporate reputation, public policy and communications research consultancy ComRes, has lifted the lid on the true value of the UK’s insolvency profession. The good news for UK firms is that insolvency does not…
Two more directors have felt the full force of the Insolvency Service after breaching their respective insolvency arrangements. The first director has received an eight-year director disqualification for entering into transactions that were detrimental to his creditors while undergoing a…
Unipart Automotive, one of Britain’s biggest providers of second hand vehicle parts, is set to enter company administration after their endeavour to find a buyer to purchase the whole company failed. KPMG representatives Mark Orton, Will Wright and Jonny Marston…
