CVR Global is co-hosting a major conference that is examining the latest developments in the credit management and insolvency industries. The Commercial Credit and Collections Conference is taking place at the Leadenhall Building in London on Thursday, 23 January and is being co-hosted by CVR Global and Aon, and organised by Credit Connect Media. CVR …
A UK firm selling a range of European-produced wines has been bought out of administration, saving four jobs and a number of consultancy roles.   FromVineyardsDirect.com Limited, which is based at Square Rigger Row in South West London, entered administration in September after experiencing financial difficulties. The company specialises in selling a range of hand-selected, …
Thomas Cook’s demise has marked the beginning of the end for high street travel agents, according to an insolvency expert. The UK tour operator was formally placed into compulsory liquidation today (September 23) after failing to agree a rescue package amid £1.6bn debt – triggering 9,000 UK redundancies – and Tom Gardiner, Associate Director at …
Introduction The recently published High Court judgment in Triumph Controls v Primus ([2019] EWHC 565 (TCC); [2019] EWHC 2216 (TCC)) concerned the sale of businesses (an M&A Dispute) and claims for breaches of warranties. The case involved highly technical accounting and valuation issues. Given these circumstances, how might the matter have been served by a …
BLOCKS Wearables Limited began its journey in London in 2014 to design and manufacture a smart watch where users could personalise the strap with modules offering various functionalities such as monitoring heart rate, tracking location or making payments. The firm had attracted hundreds of investments from across the globe and developed several prototypes, however, internal …
Two artisan pizza restaurants have been taken over as part of a pre-pack administration. Pi Pizza, the trading name of Sourfire Limited, has been purchased by restaurant business Blueberri Limited, rescuing the firm’s 27-strong workforce after the firm lacked sufficient funding to continue trading. The sale came after Simon Lowes and Ian Defty from insolvency …
CVR Global is strengthening its overseas presence after acquiring an office in Jersey. Moore Stephens Restructuring and Insolvency team is transferring to CVR Global Offshore Limited – a wholly owned subsidiary of CVR Global LLP and will be based at Wharf Street in St Helier. Adrian Rabet is joining CVR Global as Director and will …
A report laying bare the strong tide of insolvencies in UK coastal locations should serve as a wake-up call for regions heavily reliant upon tourism, according to one insolvency expert. The Insolvency Service’s report on individual insolvencies revealed that of the ten local authorities with the highest rate of insolvencies, six were in coastal areas …