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Corporate > Liquidation

Payday lender collapses after £20m refund programme

Payday lender Cash Genie has entered liquidation, just months after the Financial Conduct Authority (FCA) forced the company to pay £20m in redress to more than 92,000 customers. Read full story

Insolvency Service closes £4.5m credit scam

A company that ran a £4.5m scam by fraudulently obtaining credit to provide text message services has been forced out of business. Read full story

Court fees rise up to 600%

Civil court fees for money claims over £10,000 have risen to five per cent of the value of the claim. Read full story

Liquidators appointed to phone-based loan provider

A Slough-based telesales financial provider has entered liquidation after failing to keep up with emerging technologies. Read full story

Liquidators appointed to telecoms group

A group of virtual mobile services platform telecoms companies have been placed into liquidation. Read full story

Retailer Internacionale in administration

Embattled fashion retailer Internacionale has entered administration and requires a buyer in order to avoid liquidation. Read full story

Retailer Internacionale set for liquidation

Fashion retail chain Internacionale is reportedly set to appoint administrators this week with a view towards liquidating the loss-making business. Read full story

7,000 student qualifications saved from liquidation

The intellectual property rights of the UK’s oldest management institute have been sold out of liquidation, securing the qualification and career prospects of more than 7,000 students. Read full story

Liquidation under Cedant Scheme progresses

The liquidators of an insolvent insurance business have announced an initial payment percentage of 15% has been agreed, following implementation of a Scheme of Arrangement (SoA). Read full story

Print group enters liquidation

A Yorkshire-based printing group has entered liquidation, resulting in the loss of 126 jobs. Read full story

Singer’s fashion firm hits flat note

Pop star Lily Allen’s clothing company Lucy in Disguise LLP has been forced into liquidation. Read full story

Staffordshire law firm enters liquidation

Regional law firm Hacking Ashton LLP has entered liquidation following a meeting of creditors. Read full story

No regrets for Robbie Williams’ fashion business

The men’s fashionwear line founded by pop star Robbie Williams has filed for liquidation. Read full story

Deficit emerges after collapse of debt management firm

Collapsed debt management firm Smooth Financial Consultants used customer payments to fund a cashflow shortage in the business instead of passing the money to creditors, new documents have revealed. Read full story

Adult services firms escorted into liquidation

Two connected companies that charged advance fees for jobs in adult films and escort services but failed to deliver, have been wound up in the public interest by the High Court in London. Read full story

£40bn return for creditors of Lehman Brothers

Creditors of collapsed bank Lehman Brothers are to set to recover “100% of their claims” in early 2014, according to administrators. Read full story

Black Friday for payday lender

A payday lender which billed itself as ethical and is owned by a major shareholder in Bristol City Football Club has decided to wind itself up. Read full story

Last Modelzone stores to close

Administrators of insolvent retail chain Modelzone have announced that all remaining stores are to close next month. Read full story

Architects face up to liquidation

Architecture practice Sidell Gibson Partnership LLP is facing impending administration and is expected to be put into liquidation in the next few weeks. Read full story

Coventry City FC enter liquidation

Coventry City Football Club Ltd has gone into liquidation, following the rejection of a Corporate Voluntary Agreement by stadium owners Arena Coventry Limited (ACL) today (2 August). Read full story