Crypto currency trading platform Globix has gone into liquidation leaving administrators trying to recover missing cryptoassets

The reintroduction of creditor winding up petitions on companies in Northern Ireland will gather pace now an amendment to insolvency rules has been passed

AlixPartners has acquired independent restructuring practice THM Partners LLP as all staff join the merger

National consultancy law firm Excello Law has opened an office in Nottingham and hired a team of insolvency experts to drive expansion 

Nearly 15,000 retail jobs have already been cut since January with supermarkets and high street shops making staff redundant

Regional airline Flybe is to be wound down after attempts to find a rescuer for the business were abandoned

A director of a haulage company has been jailed for 12 months after fraudulently applying for a £50,000 bounce back loan

The number of company insolvencies in January 2023 was 1,671, 11% higher than pre-pandemic, as creditors take action to recover debts

The number of pub and bar insolvencies has jumped by 83% in the past year, as the hospitality sector faces rising energy prices and falling demand

Aartee Bright Bar, a major customer for Sanjeev Gupta’s Liberty Steel, has gone into administration, putting more than 250 jobs at risk

The number of businesses that went into insolvency last year surged to 22,109, the highest level since 2009, shows the latest Insolvency Service figures

With supply chain problems, war in Europe and an increasingly uncertain economic outlook, Devi Shah, partner, and Christopher Street, senior associate in Mayer Brown’s restructuring team, explore the options for companies experiencing financial distress