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Corporate


MHG follows subsidiary into administration

Merchant House Group has collapsed into administration following the insolvency of its subsidiary businesses Merchant Capital and Merchant House Financial Services. Read full story


KPMG partner to lead Euro crime unit

Jeremy Outen, partner and head of KPMG’s fraud practise, has been named as the director designate of the Economic Crime Command unit at the new National Crime Agency (NCA). Read full story


KPMG picks up more Angel cases

KPMG has been appointed administrator to a further four subsidiary companies in the Angel property group of companies. Read full story


Blacks Leisure drags on JD Sports

JD Sports has blamed an 18.3% drop in pre-tax profits for the 53 weeks to 2 February 2013 on legacy issues related to the administration of Blacks Leisure. Read full story


E&Y's Bloom in first 'special' healthcare case

Ernst & Young’s Alan Bloom is to lead a new Trust Special Administration process after Mid Staffordshire NHS Foundation Trust collapsed. Read full story


100% payout possible to Lehman creditors

Lehman Brothers Europe administrator Tony Lomas has confirmed that creditors of the firm may yet see a full return of their money. Read full story


KPMG to find buyer for Little Chef

Little Chef – the convenience restaurant chain – is to be sold by turnaround firm R Capital, six years after it first entered administration. Read full story


Dunfermline Athletic facing cup suspension

Scottish first division outfit Dunfermline Athletic have seen their problems escalate in the past 24 hours after they have been suspended from the Scottish Cup. Read full story


£340k fraudsters jailed for insurance scam

Two insurance fraudsters who embezzled £340,000 have been thrown in jail following an investigation by HM Revenue & Customs (HMRC). Read full story


Leonard Curtis and Moorfields make toxic asset panel

Leonard Curtis and Moorfields Corporate Recovery have been appointed to Ireland’s National Asset Management Agency’s (NAMA) UK panel of recovery and restructuring practitioners. Read full story


Insolvency Service swoops on scam

Six companies that scammed the public into investing in plots of agricultural land have been wound up by the High Court on public interest grounds, following an investigation by The Insolvency Service. Read full story


Hilco buys HMV out of administration

Hilco has completed the acquisition of the business and certain assets of HMV, the iconic entertainment retailer, from its administrators, Deloitte. Read full story


Lucas Johnson appointed to Textiles Direct

Manchester-based insolvency practice Lucas Johnson has been appointed administrator to soft furnishings retailer Textiles Direct. Read full story


SFP handed enforcement firm administration

An enforcement firm used by Bromley council to issue littering fines has gone into administration. Read full story


Stockbroker sold through special administration

Stockbrokers Fyshe Horton Finney has been sold through special administration to Redmayne-Bentley in a £300m deal. Read full story


Chantrey Vellacott tackles Essex pharmacies

Two pharmaceutical firms which have shops across East London and Essex have called in administrators. Read full story


Coventry City FC await points deduction decision

Coventry City Football Club will today discover whether it will face the usual 10 point deduction from the Football Association. Read full story


One Savings Bank turns loss into profit

One Savings Bank has confirmed profits before tax of £8 million for the full year ending 31 December 2012, compared to a loss of £11.1 million in the previous year. Read full story


Speechly merger talks confirmed

Legal firm Speechly Bircham has confirmed it is in talks with commercial law firm Withers. Read full story


Gordon Brothers hires Warren as Blockbuster boss

A subsidiary of private equity group Gordon Brothers Europe has acquired the business and assets of Blockbuster Entertainment and Blockbuster GB Limited. Read full story