Biotech venture firm Apple Tree goes bankrupt amid dispute with billionaire backer

Dive Brief: Biotechnology venture firm Apple Tree Partners has filed for bankruptcy to implement a restructuring plan that will ensure its startup companies continue to be funded. The bankruptcy filing announced Wednesday comes amid a months-long dispute between ATP and its primary backers, a pair of entities associated with Russian billionaire Dmitry Rybolovlev. The venture…

Administration for Warwick Ward | Vertikal.net

11.12.2025 UK sales and rental company Warwick Ward (machinery) Ltd has confirmed the appointment of an Insolvency administrator, after attempts to refinance or sell the business as a going concern. Most of the company’s 89 employees have been laid off, and it looks as though liquidation is the most likely outcome. The company is based…

Derby fraudster jailed after using Covid loan funds on share dealing platforms

Derby-based Temidola Ojelabi illegally obtained £80,000 in Covid support by making two separate Bounce Back Loan applications  Funds were spent on share dealing platforms instead of supporting his business through the pandemic  The 43-year-old has been jailed and banned as a company director following investigations by the Insolvency Service A Derby businessman who used Covid support scheme funds on online trading platforms has been jailed.  Temidola Ojelabi secured £80,000…