All Insolvency & administration articles – Page 22
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NewsMaplin and EWM race to secure rescue deal
Maplin’s negotations with potential buyer Edinburgh Woollen Mill have reached a standstill despite the imminent prospect of administration.
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NewsMaplin in talks with EWM as it races to secure sale
Maplin is understood to be in crunch talks with potential new suitors, including Edinburgh Woollen Mill, as the struggling electricals firm urgently seeks a “solvent sale”.
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NewsToys R Us UK on brink due to £15m tax bill
Toys R Us UK is reportedly searching for a rescue deal to prevent it from falling into administration at the end of the month.
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NewsBeds firm Warren Evans collapses into administration
Beds specialist Warren Evans is the latest furniture retailer to have slumped into administration.
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NewsPensions Regulator bills ex-BHS owner Chappell £10m
The Pensions Regulator has billed former BHS owner Dominic Chappell £10m in an effort to recover money owed to the collapsed retailer’s pension scheme.
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NewsEast enters administration for third time in four years
Fashion retailer East has collapsed into administration for the third time in just four years.
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NewsToys R Us creditors throw retailer a lifeline
Toys R Us creditors have voted in favour of the toy retailer’s survival plan, averting the immediate threat of administration.
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NewsToys R Us future in doubt as PPF blocks survival plan
The future of Toys R Us in the UK has been plunged into doubt after the Pensions Protection Fund (PPF) said it would block the retailer’s proposed restructuring plan.
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NewsPoundland seeks to reassure staff as Steinhoff reels
Poundland has sent a statement to its employees insisting that despite its credit cover being downgraded it expects “no impact on the business in terms of supply”.
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NewsMultiyork starts wind-down with first wave of job cuts
Multiyork administrators have begun a managed wind-down process, which entails making 112 redundancies at the retailer’s Thetford headquarters.
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NewsPalmer & Harvey administration leaves 2,500 jobless
Wholesaler Palmer & Harvey has collapsed into administration, causing 2,500 redundancies and leaving another 900 jobs at risk.
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NewsFeather & Black follows Multiyork into administration
Feather & Black has tumbled into administration just a week after its stablemate Multiyork, putting 123 jobs at risk.
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NewsMultiyork collapses into administration
Furniture retailer Multiyork has tumbled into administration, leaving the future of its 50 stores and 547 staff hanging in the balance.
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NewsToys R Us files for bankruptcy protection in N. America
Toys R Us’ American and Canadian business has filed for bankruptcy protection, just two weeks after it hired lawyers to explore restructuring options.
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NewsToys R Us hires lawyers to explore US restructuring
Toys R Us in the US has hired lawyers to explore restructuring options ranging from bankruptcy to raising financing and restructuring debt.
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NewsRent-to-own firm Buy As You View appoints administrator
BrightHouse rival Buy As You View has appointed administrators after suffering heavy losses, Sky News reported.
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NewsEx-BHS owner Dominic Chappell to be prosecuted
The Pensions Regulator is set to prosecute Dominic Chappell following his failure to hand over information and documents during its investigation into BHS’ sale.
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NewsStore Twenty One collapses into liquidation
Store Twenty One has collapsed into compulsory liquidation, sparking the loss of 900 jobs.
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NewsBreakfast briefing: Body Shop, BHS and more
Retail news round-up: The Body Shop sold to Natura; Green sold BHS to avoid pension liabilities; and Net-a-Porter unveils new tech hub.
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NewsBHS: Retail Acquisitions’ liquidators appointed
Liquidators have been appointed to Retail Acquisitions, the consortium that owned BHS at the time that the retailer entered administration.