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Industry


Isaacs, Jervis, Bloom and more to speak at new insolvency event

The lineup of Insolvency Today’s latest and largest conference event is filling up rapidly, with speakers including Barry Isaacs QC, PwC’s Mike Jervis and EY’s Alan Bloom. Read full story


One in four care homes face risk of financial failure

New research into the UK care home sector has found that almost one in four care home companies are financially “vulnerable”. Read full story


Bankrupt given prison term for hiding funds

For failing to disclose funds and account for payments during his bankruptcy, Anthony Kellett has been sentenced to two years imprisonment. Read full story


Insolvency Service focused on “low hanging fruit”

Cuts to the budget of the Insolvency Service have resulted in the agency focusing on “easy” cases and “low hanging fruit” involving overdue debts to HMRC, according to law firm Hugh James LLP. Read full story


ES Group acquires new MBA team

ES Group has announced the acquisition of Jones Lang LaSalle’s Machinery & Business Assets (MBA) team. Read full story


Jenny Willott on insolvency fees

Writing exclusively for Insolvency News, Business Minister Jenny Willott explains why she believes the proposals to change the way insolvency practitioner fees are charged are necessary Read full story


Victory for landlords in GAME rent case

A consortium of landlords has won a landmark case against electronics and gaming retailer Game Station Ltd (trading as GAME) today (24 February). Read full story


Restaurant insolvencies edge up

Insolvencies among the UK’s restaurants increased 7% in the three months up to the end of 2013, according to new research from Wilkins Kennedy. Read full story


Disqualified director handed jail sentence

A director already serving a disqualification has been jailed for 16 months after continuing to act as a director under his brother’s name. Read full story


Fee reform: Don’t Panic

The changes to the UK insolvency regime proposed yesterday are certainly radical, promising perhaps the biggest change to the industry since the Insolvency Act of 1986. Read full story


Business minister calls for tighter fee controls

Business minister Jenny Willott has today (17 February) announced proposals to change the way insolvency fees are charged. Read full story


Monday Moves

A weekly round up of new hires and moves within the insolvency industry Read full story


Bristol property maintenance firm in administration

A Bristol-based property refurbishment and maintenance business has entered administration. Read full story


48 jobs lost at Leeds shop fitter

A Leeds-based shop fitting and woodworking specialist has gone into administration, resulting in all 48 staff being made redundant. Read full story


Holiday operator ceases trading

The parent company of Longwood Holidays and Amathus Holidays has ceased trading after becoming insolvent, as confirmed by travel association Abta. Read full story


Play time over for toy distributor

UK and European toy wholesaler and distributor, P&C Distribution, has entered administration to safeguard the business against its creditors. Read full story


Hotel operator in administration

The operator of a Nottingham based hotel has entered administration as a result of “cash flow pressure.” Read full story


Historic pub enters administration

A 17th century Devon pub has been entered administration, resulting in all 13 staff being made redundant. Read full story


IPA announce new award and present honorary membership

Former Insolvency Practitioners Association (IPA) chairman Gerry Weiss has posthumously inspired a new award to reward the individual with the best plan on enhancing the reputation of the insolvency profession. Read full story


Former solicitor banned for 11 more years

A former solicitor has received an additional 11 year disqualification, on top of an existing five year ban, for misrepresentation that led to over £29m losses to a mortgagee. Read full story