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UPDATE ON TOYS “R” US UK ADMINISTRATION PROCESS
Since their appointment as Joint Administrators of Toys “R” Us Limited (the “Company”) on 28 February 2018, Simon Thomas and Arron Kendall, partners in Moorfields Advisory Limited, have been seeking to secure a buyer for all or part of the business. Whilst this process has generated some interest, unfortunately it has not been possible to secure a sale.
Read more>Late payments cause long‐term supply chain disruption
The North East was the only region to record a rise in the rate of corporate insolvency in the past year, according to new figures from the Insolvency Service.
Read more>North East a hotbed for insolvency cases
The North East was the only region to record a rise in the rate of corporate insolvency in the past year, according to new figures from the Insolvency Service.
Read more>Yorkshire manufacturers show signs of recovery
Fewer manufacturing firms in Yorkshire were deemed to be at a heightened risk of insolvency in November, as new figures show a degree of recovery on the sector.
Read more>Late payments leave small businesses reeling
Small businesses are owed nearly £25,000 on any given day according to new research, highlighting the scale of the UK’s late payment problem.
Read more>Rising costs at centre of hospitality sector woes
Restaurant failures have surged by 35% in 2018, according to figures from the Insolvency Service, showcasing the pressure that the sector is under.
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