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UK banks ban Bitcoin purchases with credit cards
EngadgetUK banks ban Bitcoin purchases with credit cardsEngadgetIt's happened in the US and now ...
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Cheap Credit Crisis for Families hit by Interest Rate
GoorufCheap Credit Crisis for Families hit by Interest RateGoorufThe UK braces for its first rise ...
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Banks In The UK and US ban Customers From Using Credit to Buy Cryptocurrencies
TechFragBanks In The UK and US ban Customers From Using Credit to Buy CryptocurrenciesTechFragBanks ...
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UK Credit Squeeze is Good for Banks, Bad for Economy
BloombergUK Credit Squeeze is Good for Banks, Bad for EconomyBloombergAnd it adds up to another ...
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Bankruptcy News & Developments
 
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Feb 22, 2018
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UK smartphone manufacturer Wileyfox descends into bankruptcy
Feb 08, 2018
Digital TrendsUK smartphone manufacturer Wileyfox descends into bankruptcyDigital TrendsWileyfox, the U.K.-based smartphone manufacturer specializing in budget phones, has gone into bankruptcy proceedings (or "administration" as it's termed in the U.K.) with the administrative receiver Quantuma. The news came via a post on the /r/Wileyfox ...and more »
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Northamptonshire council faces up to cost of effective bankruptcy
Feb 11, 2018
Northamptonshire council faces up to cost of effective bankruptcyThe GuardianOne Angel Square, the £53m headquarters of Northamptonshire county council. Photograph: John Robertson for the Guardian. The clean steel and glass lines of One Angel Square were supposed to enshrine the modernising dynamism of its owners ...
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UK phone maker Wileyfox enters administration (bankruptcy)
Feb 07, 2018
Android Authority (blog)UK phone maker Wileyfox enters administration (bankruptcy)Android Authority (blog)Where the company will go from here remains unclear, as not much information is available. According to a Reddit-verified Wileyfox employee, the British upstart smartphone manufacturer has entered administration, the British equivalent of American ...Wileyfox has entered administration : wileyfox - RedditRedditall 31 news articles »
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UK: Disclosure Of Insurance Policies In Insolvency Cases
Feb 21, 2018
UK: Disclosure Of Insurance Policies In Insolvency CasesMondaq News AlertsThe recent decision of Jefford J in Peel Port Shareholder Finance Co Ltd v Dornoch Ltd [2017] EWHC 876 (TCC) clarified the applicable regime for pre-action disclosure of insurance policies in insolvency cases. Jefford J held that the special regime for ...
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UK: Northamptonshire County Council on verge of bankruptcy
Feb 10, 2018
UK: Northamptonshire County Council on verge of bankruptcyWorld Socialist Web SiteNorthamptonshire County Council (NCC) has banned all new spending and faces takeover by government commissioners after running out of money. The council governs the non-metropolitan English county of Northamptonshire. It is the first UK local authority ...and more »
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UK: No Damages 4u
Feb 15, 2018
UK: No Damages 4uMondaq News AlertsIn Phones 4u Ltd (In Administration) v EE Ltd (2018), the High Court struck out EE's claim for £200 million in damages because of the wording of a letter terminating its distribution arrangements with Phones 4u. The letter was effective in terminating ...
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UK: Carillion Lessons To Be Learnt
Feb 01, 2018
UK: Carillion Lessons To Be LearntMondaq News AlertsIt has only been a few weeks since Carillion went into liquidation and suddenly one of the biggest construction and service companies in the country is gone. In this article, we give some practical advice on how best to protect yourself if you are in ...
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UK: High Court Clarifies Special Administrator Asset Reconciliation Timing
Feb 17, 2018
UK: High Court Clarifies Special Administrator Asset Reconciliation TimingMondaq News AlertsLEGAL UPDATE: The High Court has said that the requirement for special administrators to carry out a client money reconciliation 'immediately' after being appointed means that they must begin the process immediately, not that they must complete it ...
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UK: Carillion And Schools
Feb 13, 2018
UK: Carillion And SchoolsMondaq News AlertsThere has been a lot in the news about the appointment of a liquidator for Carillion and what this could mean for existing contracts with schools. There are generally two types of Carillion contracts that schools are involved with: Contracts to build ...
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UK: Addressing Risks In Construction Insolvency
Feb 07, 2018
UK: Addressing Risks In Construction InsolvencyMondaq News AlertsAlthough the headlines are currently dominated by the demise of Carillion, it is not just large main contractors that have suffered financial difficulties. The impact of sub-contractual insolvency on a main contractor can often be a considerable risk ...
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