Full-service law firm JMW Solicitors LLP has announced that they have recruited a new Head for their Corporate Recovery & Insolvency department. Gavin Jones joins JMW as Partner and Head of Corporate Recovery & Insolvency from Hill Dickinson’s Manchester office. Before that he spent over 7 years at DWF as National Head of their Restructuring…

Insolvency specialist, Begbies Traynor Group has announced that it has completed the acquisition of CVR Global in a deal worth a potential £20.8 million. The deal represents the largest insolvency acquisition that the Begbies Traynor Group has undertaken to date delivering a significant expansion of the group’s scale in London and the South of England…

The number of company insolvencies in England and Wales rose to 1,228 in December, data from the Insolvency Service has revealed. The figures are up by 9.2% on December 2019 and mark the first increase since February, with Government support rolled out amid the coronavirus crisis helping prevent a number of company failures – with…

Scottish business insolvencies in December 2020 fell by almost half compared with December 2019 numbers. The figures released by Accountant in Bankruptcy (AIB), Scotland’s Insolvency Service which administers company liquidations and receiverships in Scotland showed that there were 57 company insolvencies registered in Scotland, 36% lower than in December 2019. This comprised of 21 compulsory…

Northern Irish personal and business insolvency numbers remained low according to the latest figures published by the Insolvency Service. In December 2020 there were 156 individual insolvencies in Northern Ireland which was  17% lower than December 2019. The figures consisted of 132 IVAs, 15 DROs and nine bankruptcies. Overall, the numbers of individual insolvencies have…

Tens of thousands of businesses will receive insurance payouts covering losses from the first national pandemic lockdown. The ruling from the Supreme Court has delivered its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case. The Supreme Court has substantially allowed the FCA’s appeal on behalf of policyholders. This completes the legal process for impacted…

Business advisory firm Quantuma has appointed leading regional restructuring adviser, Jeremy Woodside as its Managing Director (MD), following a year of strong growth in the firm’s North West practice. Over the last 12 months, the business advisory firm has seen over 100% rise in demand for its services across the region, with headcount in the…

In December the following administration notices have been issued and advertised in the London Gazette for the following companies: 100 CLERKENWELL ROAD LTD 254 KILBURN HR LLP AFAN VALLEY LTD ATLANTIC BAY HOTEL (WOOLACOMBE) LTD AG SAFEBOOTHS UK LTD ALLANDER PRINT LTD ALPINE ELEMENTS LTD ALVIS HOUSE LTD ANIMA VINCI LTD ARCADIA GROUP LTD ARCHANT…

In December, Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: ACCOUNTANCY SERVICES HR 2 LTD ACCOUNTANCY SERVICES HR 3 LTD ACCOUNTANCY SERVICES HR 4 LTD ADVANCED OPTICAL LTD AG SAFEBOOTHS UK LTD AMS & SONS GROUND ENGINEERING LTD ANVILLE LTD ATLANTIC DWELLINGS HR LTD AXE CORPORATE…