Creditors and shareholders in RSM Tenon, the collapsed accountancy group, will get nothing back while Lloyds is likely to lose up to £57m of the debt owed by Tenon.
Profits at listed insolvency specialist Begbies Traynor halved in the past year as the number of UK companies being wound up has dropped.
Western United Mines has appointed Wilkins Kennedy as administrator of an historic Cornish tin mine to safeguard the mine’s assets while they seek new investment.
Heart of Midlothian Football Club has called in administrators from BDO after it emerged that the club couldn’t pay the remainder of its tax bill.
The publisher of the once-popular lads' magazine 'Loaded' has gone into administration, but the title will be continued to be published by new company, Loaded Media.
Administrators from Deloitte have been appointed to the Atmosphere chain of bars and clubs across England and Wales after the company failed to deal with its cash
A chain of cafe bars founded 21 years ago in North Wales has been put into administration.
DVD and games rental chain Blockbuster has been rescued by private equity group Gordo
If your company is facing serious financial difficulty you may have heard of (and be worried about) ”trading whilst insolvent”.