German-based investment fund takes over yacht-builders Bavaria – Newcastle Herald

A German-based investment fund will take over high-profile yacht builders Bavaria. A private equity fund advised by the Berlin-based investment company CMP Capital Management-Partners will acquire the entire business of Bavaria Yachtbau, the German-based builder of motorboats, sailboats and catamarans, and continue operations of the company. It will also acquire all shares in its French…

East Midlands business start-ups increase, but threat of insolvency rises – East Midlands Business Link

R3 Midlands Chairman Chris Radford In the face of a mixed financial and economic outlook, the East Midlands entrepreneurial spirit appears not to have been dampened. Latest statistics from insolvency and restructuring trade body R3 highlight a net quarterly increase of around 2,000 East Midlands firms since the beginning of May, with the total number…

Katie Hopkins applies for insolvency agreement to avoid bankruptcy after losing libel case – The Independent

Katie Hopkins has applied for an insolvency agreement in a last-ditch attempt to avoid bankruptcy after losing a libel case to food writer and poverty campaigner Jack Monroe. The controversial columnist was ordered to pay Monroe £24,000 in damages and legal costs in March last year after the High Court ruled comments the rig… Read…