PwC has confirmed that Stephen Cave and Toby Underwood from PwC’s business recovery unit were appointed Joint Fixed Charge Receivers over a number of properties and land in Northern Ireland. The appointment was made by the Irish Bank Resolution Corporation (IBRC) Bank on 14 March 2013 and is in respect...
PwC has completed a deal to sell the principal assets and trade of Coventry based London Taxi Company, builder of the iconic London Black Cab. Geely UK Limited a newly-created subsidiary of the Geely parent company, Zhejiang Geely Holding Group ("Geely UK"), has acquired the assets. The deal retains The...
The administrators of The Jessop Group Limited, this evening [Thursday 31 January 2013], announced the sale of the brand and certain assets. Rob Hunt, joint administrator and PwC partner, said: "We can confirm that we have sold the brand and certain other assets to a number of buyers including entrepreneur...
The administrators of The Jessop Group Limited have announced the closure of all stores as at end of trading today [Friday 11 January 2013]. This will include the three stores in Northern Ireland; in Belfast, Newry and Derry~Londonderry and the loss of 30 jobs. Edward Williams, Rob Hunt and Matthew...
Edward Williams, Rob Hunt and Matthew Hammond of PwC were appointed joint administrators of The Jessop Group Limited (“Jessops” or “the Company”) on 9 January 2013. The appointment was made at the request of the directors. Jessops operated 192 stores with around 2,000 employees throughout the UK, including three Northern...
An adjudication of claims in respect of ETIC Solutions Limited (in Liquidation) took place at the Office of the Court Examiner on Monday 17 December 2012. The Examiner reviewed all claims received by the Joint Official Liquidators. Claims were either admitted; rejected on the basis that further evidence was required;...
Administrators, Stephen Cave and Paul Rooney, from PwC have begun a managed wind down of trading operations of the specialist furnishing retailer, Fultons Fine Furnishing. The stores will continue to trade into the early months of 2013, with all existing orders being fulfilled. Fultons operates the well known furnishing retail...
Stephen Cave and Paul Rooney, from PwC’s Business Recovery Services department, have been appointed as Joint Administrators to the specialist curtain walling and window systems company, McMullen Architectural Systems Limited (“McMullen” / “the company”). McMullen is based in Moira and operates in the design, fabrication and installation of aluminium curtain...
Stephen Cave and Paul Rooney, from PwC’s Business Recovery Services department in Belfast, have been appointed as Joint Administrators to a number of companies within the Dunloy-based, Joseph Hughes Group (“the Group”) The appointment was made on Monday 3rd December at the request of the directors. Companies included in the...
The administrators Manganese Bronze and associated companies (the Group), builders of the iconic London taxi, today met with staff to explain that, regrettably, there will be 156 redundancies with immediate effect. Matthew Hammond, joint administrator and PwC partner, said: “Regretfully, without financial support to overcome the Group's operational issues we...
