Carillion - Are you affected?

Today the UK (and the world) woke to the news that Carillion plc has entered liquidation.

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There's no such thing as hassle-free annulment!

So far in 2017 there has been a flurry of activity concerning annulment of bankruptcies. The judgment in Safier v Wardell and others [2017] EWHC 20 (Ch) (“Safier”) has been followed by the introduction of the Insolvency Proceedings (Fees) Order 2016 (“Fees Order 2016”), the publication of Dear IP 74 and Dear IP 77 and most recently Yang v Official Receiver, Manchester CC & Joanne Wright [2017]…

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TP Insolvency team ensure that jobs are saved at national pet retailer following administration

TP’s Insolvency and Restructuring team have advised on a deal which has seen the business of Just for Pets rescued following administration.

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Director Joins TP Insolvency Team

Turner Parkinson’s Insolvency team has been strengthened with the appointment of Martin March as a Director. Martin’s arrival will add further knowledge and experience to what is already a strong team.

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Creditors reject CVA Proposal to pursue claims against the Co-op

Creditors rejected a proposed Company Voluntary Arrangement proposed by The Food Retailer Operations Limited yesterday.  The company was formerly part of Co-Op Group having formerly as Somerfield Stores Limited.  The Co-Op had transferred 497 stores to another Co-Op group company in 2015.  Between October 2015 and February 2016 the Co-Op had then taken £500 million out of the company before…

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