Bankrupt jewelry retailer Claire’s to sell its North American business – CTV News
Bankrupt jewelry retailer Claire’s to sell its North American business CTV News Read the original article here
Hospitality ‘stuck near the top of the insolvency league table’ as figures rise again
The latest company insolvency statistics show accommodation and food service insolvencies rose from 296 in May 2025 to 307 in June 2025, reflecting a 4% month-on-month rise and the highest monthly figure since November 2024. As noted by London-based turnaround and restructuring firm Buchler Phillips, the number of monthly hospitality insolvencies has remained consistently over…
E&E News: Electric school buses hit pothole after major supplier goes bankrupt – POLITICO Pro
E&E News: Electric school buses hit pothole after major supplier goes bankrupt POLITICO Pro Read the original article here
Struik Interiors declares bankruptcy – SuperYacht Times
Struik Interiors declares bankruptcy SuperYacht Times Read the original article here
Scottish business insolvencies fall slightly
Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell slightly in July 2025 The data showed that there were 116 company insolvencies registered in Scotland, slightly lower than the number in July 2024. The total number of business insolvencies comprised of 68 CVLs, 43 compulsory liquidations, 4 administrations…
Northern Irish personal insolvencies rise whilst business insolvencies fall
Latest monthly statistics from the Insolvency Service show that personal insolvencies increased slightly in Northern Ireland, whilst business insolvencies fell in July 2025. The data showed that there were 153 personal insolvencies. This was 1% higher than in July 2024. The insolvencies comprised of 114 IVAs, 9 bankruptcies and 30 DROs. Business insolvency data showed…
Diamond Debtors Estate in ‘Administrative Insolvency Jeopardy’
Diamond Comic Distributors is in danger of administrative insolvency, and its records are in disarray, according to statements in an August 5 court hearing in the company’s Chapter 11 bankruptcy case, for which a transcript was filed on August 15. Administrative insolvency refers to an inability of the bankrupt company to pay its professional fees…
The court ruling that could save River Island
Together with Table of Contents If you take just one thing from this email… Restructuring plans are now a lifeline for struggling companies. A restructuring plan is a legal deal with creditors that lets a company cut debts or get more time to pay, instead of collapsing into insolvency. The High Court approved River Island’s…
Construction insolvencies and profit warnings
Within the industry, firms classified as providing specialised construction activities are consistently the most affected across Great Britain. However, analysis shows that their numbers are proportional to their overall share within the construction sector. This category includes companies providing a range of work, typically on a subcontract basis, from demolition and site preparation to electrical…
Electric school buses hit pothole after major supplier goes bankrupt – E&E News by POLITICO
Electric school buses hit pothole after major supplier goes bankrupt E&E News by POLITICO Read the original article here