Bankrupt Dad Jailed for Dodging School Fees Debt

Gareth Sowter transferred more than £100,000 from a £208,000 inheritance to family and friends rather than settling debts owed to a Hertfordshire prep school His former partner Kim Sowter received £50,000 of that money after being warned she faced bankruptcy, and used some of it for family holidays Both were sentenced following investigations into their…

Bankrupt father jailed after transferring inheritance to family and friends to dodge prep school fees debt

Gareth Sowter transferred more than £100,000 from a £208,000 inheritance to family and friends rather than settling debts owed to a Hertfordshire prep school His former partner Kim Sowter received £50,000 of that money after being warned she faced bankruptcy, and used some of it for family holidays Both were sentenced following investigations into their…

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UK furniture company known for sofas goes into liquidation

Sofa Point UK Ltd in Birmingham aimed to “supply high quality traditional and contemporary sofas direct to the public at the lowest possible prices,” according to its website which is currently unavailable. A notice regarding the company’s trading update was published on The Gazette yesterday (March 25), the UK’s oldest official public record that notes important legal,…

UK furniture company known for sofas goes into liquidation

Sofa Point UK Ltd in Birmingham aimed to “supply high quality traditional and contemporary sofas direct to the public at the lowest possible prices,” according to its website which is currently unavailable. A notice regarding the company’s trading update was published on The Gazette yesterday (March 25), the UK’s oldest official public record that notes important legal,…

UK furniture company known for sofas goes into liquidation

Sofa Point UK Ltd in Birmingham aimed to “supply high quality traditional and contemporary sofas direct to the public at the lowest possible prices,” according to its website which is currently unavailable. A notice regarding the company’s trading update was published on The Gazette yesterday (March 25), the UK’s oldest official public record that notes important legal,…

Ziegler France insolvency hits subcontractors

This isn’t a small regional operator going out of business: Ziegler France generates €414 million in revenue a year, operates 51 branches, and employs nearly 1,500 people. When something this size enters insolvency, the shockwaves don’t stay inside the company. For road transport companies that worked for Ziegler France, the most immediate problem is unpaid…