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Settlement reached in Lehman Brothers financial support direction case

Settlement reached in Lehman Brothers financial support direction case 28 AUGUST 2014 | LEXOLOGY Again, of interest to all schemes providing defined benefits is the recent settlement in the litigation involving the Lehman Brothers Scheme, where the payment of £184 million, representing costs of the buying-out benefits, has been agreed. Following a detailed investigation by… Continue Reading

Wipeout as surfing attraction shuts its doors

Wipeout as surfing attraction shuts its doors By Laurence Kilgannon | INSIDER MEDIA LIMITED | Yorkshire News | 02 Sep 2014 A surfing simulator based in Xscape Yorkshire has closed its doors after the business behind the leisure attraction collapsed into administration, Insider can reveal. Administrators from SFP said Flowhouse (Bedford) had been suffering from… Continue Reading

Jobs lost as Wrexham recycling business fails

Jobs lost as Wrexham recycling business fails Storm Rannard | INSIDER MEDIA LIMITED | Wales News | 02 Sep 2014 Almost 20 jobs have been lost in Wrexham after food recycling business Nutrafeed collapsed, Insider can reveal. Administrators from insolvency….” http://www.insidermedia.com/insider/wales/122403-?utm_source=wales_newsletter&utm_medium=top_story_article&utm_campaign=wales_news_tracker

TMA (UK) Annual Conference 2014 – The New Drivers of Turnaround

TMA (UK) Annual Conference 2014 – The New Drivers of Turnaround 02 SEPTEMBER 2014 | TMA UNITED KINGDOM As routes to market change by the week, we need to be on the top of our game or be left behind. Our conference this year is dedicated to understanding the new drivers of turnaround and restructuring.… Continue Reading

Administrators appointed to garden centre

Administrators appointed to garden centre INSIDER MEDIA LIMITED | Midlands News | 01 Sep 2014 A Nottinghamshire-based garden centre and aquatics retailer has gone into administration but will continue to trade. Chris Farrington and Dom Wong from Deloitte were appointed to Flynn Holdings Ltd, which trades….” http://www.insidermedia.com/insider/midlands/122349-administrators-appointed-garden-centre?utm_source=eastmidlands_newsletter&utm_medium=business_article&utm_campaign=eastmidlands_news_tracker

Court of Appeal denies input tax on accountancy services relating to a refinancing and restructuring process: Airtours Holiday Transport Limited v HMRC

Court of Appeal denies input tax on accountancy services relating to a refinancing and restructuring process: Airtours Holiday Transport Limited v HMRC 28 AUGUST 2014 | LEXOLOGY Court of Appeal denies input tax on accountancy services relating to a refinancing and restructuring process: Airtours Holiday Transport Limited v HMRC5 The appellant company, Airtours, appealed against… Continue Reading

Bankrupt businessman involved in Southport’s failed Lewis’s store is spared jail

Bankrupt businessman involved in Southport’s failed Lewis’s store is spared jail Aug 29, 2014 | BY GEORGINA STUBBS | BANKRUPTCY Edward Ward, 55, faced prosecution at Liverpool Crown Court for setting up a new business despite being banned from running a company A bankrupt businessman who was involved in the failed Lewis’s venture in Southport… Continue Reading

Co-op Group members vote in favour of reforms

Co-op Group members vote in favour of reforms 30 August 2014 | BBC NEWS Members of the troubled Co-operative Group have voted in favour of reforming how the business is run. The group has been in turmoil since a £1.5bn hole emerged in its finances last year, forcing it to sell off parts or all… Continue Reading

Ashfords’ Cross Border Restructuring and Insolvency Update – August 2014

Ashfords’ Cross Border Restructuring and Insolvency Update – August 2014 29 AUGUST 2014 | ASHFORDS Cross Border Restructuring and Insolvency Updateview online August 2014 Alan BennettPartnera.bennett@ashfords.co.ukMobile +44 (0)7843 265353 David PomeroyPartnerd.pomeroy@ashfords.co.ukMobile +44 (0)7970 027661 Additional Information For more information, please visit our website: Cross Border Restructuring and Insolvency The Pension Protection Fund (Entry Rules) (Amendment)… Continue Reading

Jobs saved as Thermopak rescued from administration

Jobs saved as Thermopak rescued from administration By Matthew Ord | North East News | 28 Aug 2014 | INSIDER MEDIA LIMITED Almost 70 jobs have been saved after administrators from KPMG tied up a rescue deal for Gateshead-based Thermopak. Howard Smith and Jonny Marston….” http://www.insidermedia.com/insider/north-east/122111-jobs-saved-thermopak-saved-administration?utm_source=northeast_newsletter&utm_medium=top_story_article&utm_campaign=northeast_news_tracker