Duff & Phelps appoints Birmingham Managing Director

7th March 2019 Commercial Credit Management |

Duff & Phelps, the global advisor that protects, restores and maximises value for clients, today announced that Tyrone Courtman has joined the firm as a Managing Director in its Restructuring Advisory practice. Based in Birmingham, Courtman will focus on restructuring advisory for corporate clients based in the East Midlands. Courtman is a Chartered Accountant, a…

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INSOLVENCY NOTICES: Appointment of Administrators – February 2019

5th March 2019 Commercial Credit Management |

Administration notices have been issued and advertised in the London Gazette for the following companies: 786 MAGAN CAREHOMES PRIVATE LTD A1 ALPHA PROPERTIES (LEICESTER) LTD ACROBAT CARBON SERVICES LTD AIRHOP LTD ALDD LTD ALFORM EXTRUSIONS LTD ALL LIQUID DRINKS DISPENSE LTD AREMCO INDUSTRIES LTD ASTRACAST INTERNATIONAL HOLDINGS LTD ATTERBURY UK LTD AVARA AVLON PHARMA SERVICES LTD…

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LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – February 2019

5th March 2019 Commercial Credit Management |

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies: 00585778 LTD 15 OCEAN HEIGHTS LTD 29K ADVISERS S2P2 LTD 3L ITALIA EEIG 400 LEA BRIDGE ROAD LTD A S BANWAIT SERVICES LTD A.N RISK SOLUTIONS LTD ABINGCROSS LTD ABODE NEWCO LTD ACCUMULI (HOLDINGS) LTD ACCUMULI LTD…

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INSOLVENCY NOTICES: Winding Up Petitions – February 2019

5th March 2019 Commercial Credit Management |

Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 008 IMPORTS LTD 3 AD 3 LTD 7 WIRE ELECTRICAL LTD ABACUS MICRO LTD ABOUT THE HOUSE ROOFING LTD ACTIVE DEMOLITION SERVICES LTD ADN TRANSPORT LTD AFFILIATETRACTION UK LTD ALBERO BUILDERS LTD ALLSCAFF (SW) LTD ANOTECH (LEICESTER) LTD…

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Treasury ‘cash grab’ ‘frustrating and misguided’

27th February 2019 Personal Insolvency |

Insolvency and restructuring trade body R3 has responded to the  publication of a Government consultation on plans to repay HMRC ahead of pension schemes, trade creditors, and lenders in insolvency procedures, Stuart Frith, President R3, said “The Government’s decision to push ahead with the return of ‘Crown Preference’ is frustrating and misguided. It’s a short-sighted…

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Crowell & Moring hires Partners for London restructuring practice

26th February 2019 Commercial Credit Management |

Crowell & Moring LLP has announced that it will strengthen its ability to advise clients on insolvency and restructuring with the addition of Paul Muscutt and Cathryn Williams as partners in the London office. The Partners join on March 5 from Squire Patton Boggs where Williams led the firm’s Restructuring & Insolvency Practice in London.…

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Duff & Phelps appoints Restructuring Managing Director

22nd February 2019 Commercial Credit Management |

Duff & Phelps has announced that Ben Collett has joined the firm as a Managing Director in its Restructuring Advisory practice. Working across the firm’s Birmingham, Manchester and London offices, Collett will focus on providing advisory services to corporate clients across the UK and Europe. He joins the firm from IMI Precision Engineering, where he…

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Restructuring and Insolvency firms announce merger

19th February 2019 Mergers and Acquisitions |

Restructuring and Insolvency (R&I) specialist law firms Harrison Clark Rickerbys (HCR) and Sprecher Grier have announced that they will merge. HCR is a full-service firm with eight offices across the country and Sprecher Grier has a significant restructuring and insolvency (R&I) presence in London. The move brings former colleagues back together – Sam Payne, Head of HCR’s R&I team,…

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CCJs against companies rise by 30%

18th February 2019 Commercial Credit Management |

There was an almost 30 percent increase in the number of adverse county court judgments against incorporated businesses in England and Wales in 2018, according to figures released by Registry Trust. The number of CCJs against incorporated businesses was up by 27 percent at 93,534, though this was counterbalanced by a fall in judgments against…

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Small businesses call for ‘fair play’ in fight against poor payment practices

18th February 2019 Commercial Credit Management |

Ahead of the Spring Statement next month, the Federation of Small Businesses (FSB) has announced a ‘Fair Pay, Fair Play ‘ campaign as it  calls on Government to enlist the help of Non-Executive Directors to help strengthen payment enforcement and adopt Project Bank Accounts in public procurement, as three key reforms that will help end the…

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Begbies Traynor acquires North East business in £600,000 deal

15th February 2019 Mergers and Acquisitions |

Begbies Traynor Group the business recovery, financial advisory and property services consultancy, has announced the acquisition of the entire issued share capital of KRE (North East), a Newcastle based insolvency practice. Ian Kings founded the business in the North East under the KRE branding in 2015.  In the financial year ended 30 June 2018, the business…

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Scottish restaurant failures rose by 86% in 2018

8th February 2019 Commercial Credit Management |

The number of restaurants in Scotland going insolvent last year increased by 86.3% according to new analysis of the sector by accountants and business advisers firm French Duncan. The firm has analysed official Insolvency Service statistics and found that annual restaurant failures increased from 73 in 2017 to 136 in 2018 which is equivalent to…

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INSOLVENCY NOTICES: Winding Up Petitions – January 2019

7th February 2019 Commercial Credit Management |

Winding up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: 247 LOGISTICS LTD 2M PRINT LTD 4SPORTS & ENTERTAINMENT UK LTD 7DIGITAL TRADING LTD 88 75 LTD A D REMOVALS (WIGAN) LTD A. LYTHE BUTCHERS LTD ABBEY CONSTRUCTION DESIGN & BUILD LTD ABC LEGAL LTD ACCESS CORPORATE LTD…

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