Top story: 350 jobs to go at Kent steelmaker 27 Jan 2012
Some 350 jobs will be lost at Kent-based steelmaker Thamesteel, the administrators handling the failed company have confirmed.
News stories
Neath Rugby Club in fight for survival
27 Jan 2012
Troubled Welsh rugby club Neath RFC have had an extension granted for a winding-up petition to be settled.
Celebrity car museum has six weeks to raise £46k
27 Jan 2012
A custom car museum which has become something of a celebrity hang out has been given until 5 March to settle debts with HMRC.
Toymaker Hornby's profits caught in slow lane
27 Jan 2012
Toymaker Hornby has issued a profits warning citing the “challenging economic environment” for its difficulties.
"Over 100" conversations to snap up Peacocks
26 Jan 2012
Potential parties have shown a “huge interest” in snapping up whole or part of fashion retailer Peacocks, its administrators have confirmed.
Refined shipments restart at Petroplus' plant
26 Jan 2012
PwC has confirmed it has secured a deal to ensure the ongoing shipment of refined oil products from the Coryton Oil Refinery in Essex which entered administration on Tuesday.
Pre-pack legislation to remain unchanged
26 Jan 2012
Edward Davey MP has confirmed the Insolvency Service will take the ‘do nothing’ option having consulted on proposals to introduce new legislative measures on pre-pack administrations.
Celebrity photo press agency snapped up following liquidation
26 Jan 2012
Press agency which specialises in the Royal Family and fashion shows bought just days after it was liquidated.
White knight emerges for struggling Darlington FC
26 Jan 2012
Embattled Darlington FC’s future could be secured by the weekend after a potential white knight laid out his plans to rescue the club.
Portsmouth FC admit they "may face administration"
25 Jan 2012
Stricken Portsmouth FC have blamed their current financial plight on the failure to sell their collapsed parent company and admitted they “may face administration” and a points deduction.
Pre-packs defended as a tool which can "rescue jobs"
25 Jan 2012
Leading figures within insolvency launched staunch defences of the use of pre-pack administrations at the Commons Select Committee hearing.
Kent steelmaker in administration as investor backs out
25 Jan 2012
Kent-based steelmaker Thamesteel has entered into administration, according to sources involved in discussions.
Vital South East oil refinery files for insolvency
24 Jan 2012
Swiss oil refiner Petroplus – which runs one of the largest refineries in the UK – has filed for insolvency after defaulting on more than £1bn.
RSM Tenon investors call for rights issue
24 Jan 2012
Investors in RSM Tenon have this morning (24 January 2012) been calling for an emergency rights issue following the resignation of the two top directors.
Collapsed South East oil refinery falls into administration
24 Jan 2012
The operators of one of the UK’s largest oil refineries have gone into administration, with PwC appointed to handle their affairs.
Fears raised over Insolvency Service funding cuts
24 Jan 2012
Cuts in the Insolvency Service’s (IS) funding have reduced its ability to clamp down on director misconduct, the Commons Select Committee heard today.
Portsmouth FC hit with winding-up petition
24 Jan 2012
Embattled football club Portsmouth FC have been slapped with a winding-up petition by HM Revenue and Customs (HMRC).
MF Global customers to miss out on distribution
23 Jan 2012
Former clients of collapsed MF Global UK had their ‘client status’ recategorised just days before the firm entered administration meaning they could now miss out on the redistribution of cash planned for February.
Carbon company granted 4 week reprieve
23 Jan 2012
An international carbon credit trading company was today given until 20 February to resolve its dispute with HM Revenue & Customs (HMRC) over alleged VAT and Corporation Tax non-payment.
Investment firm 'is insolvent' says Registrar
23 Jan 2012
An overseas property company selling off-plan investments in South America has been given five weeks to pay £220,000 owed to HM Revenue & Customs in full.
KPMG confirms Peacocks job losses
20 Jan 2012
Almost 250 jobs have been lost at discount retailer Peacocks' head office in Cardiff, administrators KPMG have confirmed.
Insolvency & Rescue Conference 2011 overview
Insolvency & Rescue Awards 2011 highlights
Insolvency & Rescue Awards 2010
Insolvency & Rescue Awards 2009
Knowledge Bank
Standard & Poor's: S&P Report: Euler Hermes
Insolvency Today: SECTOR REPORT - CONSTRUCTION
Insolvency Today: SECTOR REPORT - TRAVEL
Insolvency Today: SECTOR REPORT - RETAIL
Equifax: Recovering outstanding debt
.jpg)
Subscribe to Insolvency Today
The UK’s leading magazine for the insolvency and rescue industry. Subscribe today …
News direct
Sign up for the essential weekly news round up from Insolvency Today, direct to your inbox with breaking and exclusive news.
Have your say
Latest insolvencies
