QVC Group files for bankruptcy

West Chester-based QVC Group filed for Chapter 11 bankruptcy Thursday in the U.S. Bankruptcy Court for the Southern District of Texas. The self-described “live social shopping company” QVC Group is buckling under the weight of $6.6 billion of debt as of the end of 2025, according to a company report submitted Wednesday with the U.S.…

British H2 truck company HVS sold at steep discount

HVS was founded in September 2017 and, in effect, operated for just under seven years. The Glasgow-based company was a manufacturer and developer of fuel cell-powered electric vehicles. Following the initiation of insolvency proceedings, it has now been sold, according to a report in The Herald, which cited the insolvency administrators. The pre-pack deal was…

Insolvency Service reports ban for Suzanne Harley-Davies

The Insolvency Service has reported Suzanne Harley-Davies of Marton Cum Grafton failed to “exercise control of the affairs” of Namare GRP Ltd and TPG GRP Limited during 2023 and 2024. The 68-year-old also failed to ensure that the companies operated for legitimate corporate purposes. She has been disqualified as a company director for four years.…

Four-year ban for director who neglected duties at companies linked to Atherton scheme

Suzanne Harley-Davies has been disqualified as a company director for four years after failing to ensure her companies operated for legitimate corporate purposes  Harley-Davies was a director of two companies which supported the Atherton scheme, allowing business owners to walk away from debts by selling their companies for £1 outside of formal insolvency processes  The disqualification is the latest enforcement action against those involved in…