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Industry > Appointments


Chester City enters administration

League Two football club Chester City have decided to enter administration as they prepare for life in the Blue Square Premier.

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Shendish Manor falls into administration

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Stockport County FC enter administration

Stockport County Football Club went into on Thursday following a prolonged battle to keep creditors at bay.

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LDV applies for administration

LDV applied to be placed into administration on Wednesday after rescue talks involving the Malaysian car-importing group Weststar failed.

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Setanta struggling to make football rights payments

Sports broadcaster Setanta has parachuted in a new management team and is holding urgent talks to raise cash and reduce the amount it pays for sports rights.

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Southampton in administration

The parent company of Southampton Football Club was placed into administration on Thursday after failing to secure a deal with Barclays over an extension of its £4million overdraft facility.  It also owes £24m to Norwich Union for the construction of its 30,000 seat stadium.

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WIN Investing to enter voluntary arrangement

UPDATE 26 July 2009—


Since this article was published, we have confirmed with one of WIN’s directors that WIN Investing proposed a voluntary arrangement to its creditors.  The directors confirmed that the company was insolvent, and unable to pay its debts as they fell due.  The proposal was subsequently withdrawn by Darren Winters and co-director Tatjana Valujeva.



WIN Investing LLP, which heavily advertises its ‘free’ investment seminars on the radio and tube, is to propose a LLP Voluntary Arrangement, a process essentially the same as a company voluntary arrangement.

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KPMG appointed administrators of Dunfermline Building Society

Richard Heis, Blair Nimmo, Mike Pink and Richard Fleming of KPMG LLP have been appointed Joint Building Society Special Administrators of Dunfermline Building Society (“the Society”).

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LFE Materials Handling enters administration

LFE Materials Handling Limited, the Coventry based designer, manufacturer and supplier of bespoke containers, went into administration on 17th March 2009, with the appointment of Beverley Marsh and Geoff Rowley, Client Partners at Vantis Business Recovery Services (BRS), a division of Vantis, the UK accounting, tax and business advisory group, as joint administrators.

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London hedge fund collapses

Weavering Capital, a $639m London hedge fund, has been put into liquidation following the discovery of that virtually all its funds had been invested in an offshore company controlled by the fund’s managing director, Magnus Peterson.

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Deloitte pre-packs giant aggregates firm

Deloitte has sold the UK and Polish operating subsidiaries of Ennstone plc, the building supplies group, after being appointed administrator on Tuesday.

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First administration of 'live' insurer since 2001

Exchange Insurance Company has become the first “live” insurer in eight years to fall into administration, following the collapse in the property market.

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Mosaic Fashions to enter administration today

Mosaic Fashions, which is 49% owned by Baugur, is set to be placed into administration at the High Court today.  The company’s management will appoint partners in Deloitte as administrators.  

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Fraud of the Week: Stanford International Bank

In what has become an almost weekly event, another alleged billion dollar fraud was emerging this week as the US Securities and Exchange Commission charged Texan billionaire Allen Stanford with an $8bn fraud.  The discovery follows the exposure of Madoff’s $50bn Ponzi scheme and $1bn of fictitious sales at Indian company Satyam.

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Worrall Thompson’s restaurants in administration

Anthony Worrall Thompson has become the latest celebrity chef to see his chain of restaurants collapse.  AWT Restaurants Limited was placed into administration on Friday after the bookings at the upper-crust restaurants collapsed.  The company operated five restaurants in and around London.

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Shares suspended in Barratts Shoes

Shares in Stylo plc, owner of the Barratts and PriceLess shoe shops, have been suspended at the request of the company, pending clarification of its financial position. In other words, the administrators are in the car park.

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Clutch manufacturer slips into administration


AP Driveline Technologies Limited has appointed administrators following a substantial fall in order volumes. Based in Leamington Spa, the Company has a turnover of approximately £18million per annum and employs 237 staff.

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Scottish Deli chain collapses into administration

McLeish Brothers, the Scottish delicatessen, has been placed into administration. The company had ten stores across Scotland, seven of which were immediately closed. Iain Fraser of Tenon has been appointed administrator.

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North sea oil producer Oilexco appoints E&Y

North Sea oil operator Oilexco North Sea has appointed Ernst & Young administrators. The company is an important operator of several oil fields in the North Sea including the Brenda and Nicol fields.

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