Barry Ferguson: Ex-Rangers captain with £1m debt discharged from bankruptcy – The Times

Barry Ferguson, the former Rangers and Scotland football captain, has had his bankruptcy order over debts of more than £1 million discharged. Ferguson, 40, was declared insolvent last year. Records from the Accountant in Bankruptcy, Scotlands insolvency service, show that he was discharged from his bankruptcy on July 21 after co-operating with his trustee. The…

Heat on the high street: The risks for a holding company when a subsidiary goes insolvent – Real Business

With the Company Voluntary Arrangement (CVA) of House of Fraser reportedly hanging in the balance, the well-publicised difficulties facing the retail sector are widespread. There have been significant criticisms made of CVAs, in particular in relation to complaints that they are being abused to avoid leasehold liabilities relating to unprofitable trading locations. The House of…