McGill and Partners Launches Coverage for Corporate Insolvency as D&O Policy Extension

McGill and Partners, the London-based boutique specialist re/insurance broker, has launched SAIFElimits, a coverage solution for corporate insolvency. The scheme is designed to be incorporated into any primary directors and officers (D&O) policy and is triggered automatically by an insolvency event. This extension allows protection to remain in place for directors and officers for up…

Dion Lee Enters Voluntary Administration

Dion Lee this week joins Alice McCall and Tigerlily as the latest Australian fashion label to call in the administrators in 2024. High profile Australian fashion label Dion Lee has called in the administrators as major partner Cue announced its withdrawal from the label this week. “After a recent strategic review, a decision has been…

O’Connor Appointed to UK Insolvency Service Board

Chartered accountant Lorcan O’Connor has joined the Insolvency Service Board as non-executive member Mr O’Connor was the founder of the Insolvency Service of Ireland (ISI) and led the organisation for seven years He joined the UK Insolvency Service Board on 2 April and was inducted on 2 May 2024 Lorcan O’Connor, founder and former leader…

Animus in administration | Midland Express

Animus Distillery has entered into voluntary administration. Animus Distillery in Kyneton has entered into voluntary administration. Leading advisory and restructuring firm, Cor Cordis, has been engaged to assist the business with opportunities for sale or potential recapitalisation. In a statement issued to customers and partners, the Animus team said the decision was not made lightly.…

Proform Food Group placed in voluntary administration

Proform Food Group – the manufacturer of plant-based protein products under the Meet, Protein Plate, and Bad Hunter brands – has entered voluntary administration. KPMG Australia’s Gayle Dickerson and James Dampney have been appointed as administrators to oversee the process. The administrators have assumed day-to-day control of the group, which will continue operating normally while…