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Posts tagged with "insolvency"

FSA bans Asset Management firm facing Winding-up Petition

July 18 2012

FT Adviser reports that Carlisle-based adviser Quintillion Asset Management Ltd has had its permissions to carry on regulated business cancelled by the Financial Services Authority over its failure to pay fees and levies owed to the regulator. According to a final notice published on   Read More…

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New Insolvency Rules: Delayed until 2013 / 2014

July 17 2012

Open Letter from Director of Policy at The Insolvency Service: Dear Stakeholder NEW INSOLVENCY RULES   I am writing to update you about progress on work to produce a new set of Insolvency Rules to replace the 1986 Rules. We had hoped   Read More…

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Rapide Dry Lining Enters FRP Administration

July 06 2012

Building firm Rapide Dry Lining Limited has been placed into administration and ceased to trade. The Hull-based firm could not overcome its financial burdens and is now in the hands of FRP Advisory. Many of its creditors had taken recovery action, leading   Read More…

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BRADFORD BULLS’ Super League club enters administration

June 29 2012

BRADFORD BULLS’ Super League club has entered administration in an effort to avoid a winding-up petition brought by HM Revenue & Customs over an unpaid tax bill of £300,000. Brendan Guilfoyle, from insolvency firm The P&A Partnership, who has been appointed as joint   Read More…

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