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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.

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Businesses list costs as one of main challenges

Setting up a business is not easy, but the costs associated with doing so are among the biggest challenges to overcome, according to new research.

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More than one in three West Midlands firms facing growing insolvency risk

Companies in the West Midlands are facing up to a growing risk of insolvency, according to the latest figures from insolvency and restructuring trade body R3.

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How to avoid long‐term business financial issues

The vast majority of businesses will survive their first year in operation, but it is the period beyond that where they often struggle.

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Britain set to see surge in insolvencies

Britain’s businesses could be set for a tough 2018 as the nation is predicted to face the second highest rate of insolvency of any leading global economy, new research warns.

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