We have offices in Northampton, Banbury, Coventry, Hitchin, Milton Keynes, Southampton and Spalding

BRI Business Recovery and Insolvency

We are an independent company of insolvency practitioners committed to finding the right solutions for businesses and individuals in financial difficulty

Monthly Archives: April 2018

Britain on sale …

26 April 2018: Some of the biggest names and brands in the UK are being sold - Waterstones has been sold to a US hedge fund; there are talks of Wembley being sold and the Chinese owners of Hamleys (again a well-known British brand owned by foreigners) are looking to buy House of Fraser. So...
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The winner, yet again …

19 April 2018: BRI Business Recovery and Insolvency’s Northampton office held their spring pool tournament on 18 April 2018. Some good and bad pool was played and we quickly got to the final. The winner and now recording his 4th victory at this event was Andrew Rose of Elsby and Co, beating BRI’s Ian Cooke...
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More solvent insolvencies

17 April 2018: Last year, we reported on a case where we had been appointed as Trustee in Bankruptcy of an individual who was declared bankrupt but who did, in fact, have a surplus of assets over liabilities (see https://www.briuk.co.uk/a-solvent-insolvency/). So far in 2018 we have been appointed as Trustee in Bankruptcy in...
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Another Successful CVA

11 April 2018: We previously posted that CVAs (Company Voluntary Arrangements) are an under-utilised resource across the insolvency profession. BRI are delighted to announce that, for the second time in 12 months, the Milton Keynes office is overseeing the successful completion of another CVA. Under the terms of the arrangement, the company undertook...
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Creditors’ Voluntary Liquidation – payment to each class of creditor

5 April 2018:  BRI Business Recovery and Insolvency’s Northampton Office are dealing with the liquidation of Star Food Service Limited and were appointed on 26 July 2017. The planning of any liquidation is paramount and has a significant bearing on successful realisations and dividends to creditors. BRI are pleased to report that our careful planning has...
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