Morrisons has bought the convenience store chain McColl’s out of administration in a pre-pack deal

Morrisons has launched a last minute bid to save the convenience store chain McColl’s from administration

Big Four firm EY is facing a $2.5bn (£2bn) lawsuit over its audit of failed healthcare company NMC Health, which ran hospitals and clinics in the UAE

ReSolve Advisory has been appointed as the administrator of the online art exhibitions platform Vastari Group which specialised in the evolving NFTs sector

Businesses need to understand the differences between administration and liquidation. Cameron Gunn, senior partner at ReSolve, examines the key issues to consider

The UK saw 2,114 company insolvencies in March 2022 which is a 39% increase from February

Protection for holders of pre-paid funeral plan schemes will come into force from July when the government legislates for additional protection for consumers

Grant Thornton has been appointed administrators over Peacocks Centre, and Moyallen Woking Limited, the two companies which own and operate the flagship shopping centre in Woking 

Prepayment schemes like Christmas savings clubs will have to fully safeguard customers’ money through insurance or trust accounts

Business advisory firm Quantuma is expanding its international footprint into Asia with the launch of a new team based in Singapore

New powers granted to the Insolvency Service to tackle director fraud must be used with care to prevent a culture of fear around the insolvency process, argues Rachel Lai, insolvency director at Menzies LLP

The Insolvency Service plans to review some aspects of the creditors’ voluntary liquidation (CVL) process to make the process more transparent and consistent