The Barclay brothers, Howard and Aiden, have been granted a six-week period to reach an agreement with their creditors. This time frame follows a recent High Court hearing where Justice
Bankruptcy
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HSBC Holdings has filed bankruptcy petitions in the High Court against Aidan Barclay, 69, and Howard Barclay, 66, following the collapse of their family’s Logistics Group and the subsequent failure
iRobot, the Massachusetts-based pioneer of robotic vacuum cleaners, has filed for bankruptcy protection in the United States and will be acquired by its primary Chinese supplier after facing heightened competition
The collapse of First Brands and Tricolor in the United States has placed the private assets sector under the microscope, with Britain’s Financial Conduct Authority now closely monitoring the repercussions.
Claire’s, the retailer renowned for its jewellery and ear piercing kiosks, has entered bankruptcy proceedings in the United States for the second time within seven years. The move comes as
23andMe, the prominent California-based genetic testing company, has filed for Chapter 11 bankruptcy protection in the United States. The move comes as the firm seeks to secure a buyer and
The international development agency Crown Agents has gone into liquidation after 191 years of operation, resulting in the loss of 150 jobs. Established in 1833 to manage financial transactions with
