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Corporate > Liquidation


Aldershot Town FC faces liquidation

Embattled Aldershot Town FC is facing the prospect of liquidation tomorrow unless creditors accept the terms of a consortium’s bid. Read full story


Liquidated charity bequeaths funds

Four charities are set to receive a windfall following the liquidation of non-profit organisation Sheffield Crossroads Ltd. Read full story


Illegal hire boss banned

The director of an Indian restaurant has been disqualified from acting as a director for eight years, following an investigation by The Insolvency Service. Read full story


Largest UK coal miner seeks way forward

The UK’s largest coal mining company, UK Coal Operations, is reportedly seeking voluntary liquidation, putting 2,000 jobs, and the value of 6,800 workers’ pensions at risk. Read full story


Twice-banned boss clamped

The disqualified director of a car-clamping company has been convicted for the second time of acting as a director of Regional Clamping Services (UK) Ltd whilst disqualified. Read full story


Fraudulent medical group wound up

A bogus medical assistance provider has been wound up in the public interest in the High Court following an investigation by The Insolvency Service. Read full story


Insolvency Service bans property developer for tax dodge

A north London property developer has been banned for four years from acting as a company director for failing to pay £500,000 in tax. Read full story


50 jobs to be axed at Insolvency Service

The Insolvency Service is set to make 50 jobs cuts during the current financial year, as the government agency struggles to tackle its deficit. Read full story


PwC reports £563m in earnings from Lehmans collapse

Accountancy firm PricewaterhouseCoopers (PwC) has earned £563m from the administration of the UK arm of collapsed bank Lehman Brothers. Read full story


Former Leeds chairman banned as director

Peter Ridsdale, the former chairman of Leeds United, Barnsley and Cardiff City football clubs, has been disqualified from acting as a company director for seven and a half years. Read full story


Bank blocks bankrupts’ access to current accounts

The Co-operative Bank has announced that it will no longer offer its basic bank account to undischarged bankrupts. Read full story


Former sponsors of Maria Sharapova in administration

A sports manufacturer which has backed some of the biggest names in tennis has filed for bankruptcy in the UK. Read full story


Insolvency & Rescue Awards 2012 finalists announced

The finalists of the prestigious Insolvency & Rescue Awards 2012 are announced today (23 August). Read full story


Indebted African Village at Olympics shuts

The Africa Olympic Village has been forced to close amid reports of outstanding debts. Read full story


Portsmouth sale moves closer as senior players leave

Devastated former FA Cup winners Portsmouth look likely to be sold after administrators struck a deal to off load all senior players. Read full story


18.7% year-on-year fall in compulsory liquidations

Businesses forced into compulsory liquidations fell by 18.7% in the second quarter of 2012 compared to the same period last year. Read full story


£54 million of MF Global UK assets to be returned

The administrators of MF Global UK are to begin returning £54 million of client assets. Read full story


Metis prepares for US tech auction

Intellectual Property specialists Metis Partners and ICAP Patent Brokerage have collaborated to list the assets of a Scottish technology company at an auction in the US. Read full story


South London NHS Trust collapses under debt burden

South London NHS Healthcare Trust has ended weeks of speculation and entered administration after it ran up unsustainable debts. Read full story


OFT-reprimanded firm to be liquidated

A payday loan intermediary previously reprimanded by the Office of Fair Trading (OFT) is to be liquidated. Read full story