News 07

The following news stories and legal cases may be of interest to you.  If there are other current items you want to bring to our attention, please send an e-mail (and link) to news@insolvency.biz.

Date

Headline (and link)

Story

 

 

 

22 Dec

LEMON TREE

A bid to rescue the Lemon Tree arts venue in Aberdeen has failed.

12 Dec

GLENCOE GOES

Scotland's oldest ski centre has been taken over in a management buy-out, according to its website.

8 Dec

CREDITORS LOSING OUT

More than £8.5m in cash from companies in Scotland that have become insolvent has remained unclaimed by creditors, according to the latest report from the office of the Accountant in Bankruptcy.

7 Dec

PETITION FOR SEQUESTRATION

Petition of W Young for Sequestration of Alison Campbell

19 Nov

LIQUIDATION EXPENSES

R & S Muirhead v Julgem Property Limited

2 Nov

STEEL  JOBS GO

TA Kirkpatrick, the family-owned Dumfriesshire steel business, has collapsed into liquidation after a number of customers withheld payment amounting to "several hundred thousand pounds"

17 Oct

ORDER TO WIND UP

Hadden Construction Ltd v Midway Service

8 Oct

MUM LOSES HOUSE

A mother of three fears she could lose her home after she was bankrupted over council tax arrears of £1,600.

1 Oct

PENSIONER BANKRUPTCY RISES

The percentage of bankrupts who are retired has more than doubled in the past five years because of banks offering easy credit and rising fuel and food prices.

3 Aug

NUMBERS RISE

The number of people becoming insolvent in England and Wales has shown a surprising fall, official figures show.

2 Aug

OPTIONS

You have a number of options to become debt free and financially stable again

16 July

BRITAIN HEADING FOR FINANCIAL MELTDOWN

Gill Wrigley, insolvency practitioner for Haines Watts, said the group had seen an increasing number of couples applying for IVAs, particularly during the ...

9 July

FRUIT SELLER

An independent fruit seller is having to trade through a fire escape after the supermarket it is located in closed its doors.

18 June

RICHARDS

Richards, rescued from receivership by Suttie in 2002, crashed a mid controversy two years later with debts of £8.5million. Before then, Suttie had sold the

26 May

DEBTS.CO.UK moves on SCOTLAND

Insolvency firm Debts.co.uk has made its first foray into Scotland after it snapped up Aberdeen-based Adie Financial Solutions (AFS) in a cash plus shares deal.

24 May

INSOLVENCY-LITE

Businesses and individuals could have their insolvencies signed off by professionals with only a fraction of the experience currently required, under new government proposals.

20 Mar

HALLION CLUB GOES

Creditors have been left owed tens of thousands of pounds after the firm behind an exclusive club was put into liquidation

27 Feb

DIRECTORSHIP

Mark Greenhalgh, founder of the Edinburgh-based Cabtivate taxi advertising firm which went into liquidation on January 22

3 Feb

LIQUIDATION LOW

The number of Scottish companies going to the wall fell to the lowest level for at least nine years in 2006

30 Jan

LIQUIDATION FURY

The finance director of Cabtivate, the in-taxi advertising company which went into liquidation last week, resigned in early December, shortly after cab drivers were still being signed up for four-year bind-ing agreements with finance companies.

23 Jan

600 JOBS GO

One Plus, the after-school care and nursery provider, has gone into liquidation with the loss of 600 jobs and the collapse of a support network for hundreds of lone parents.

12 Jan

JUDGEMENT

AiB v P Butler

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