News

All the latest news and press releases from The Insolvency Service.

Enquiries from journalists should always be directed to the Insolvency Press Office.

The Insolvency Service Press Office is open from 9am to 5.30pm Monday to Friday.

Top stories

• Insolvency Service response to the Select Committee

  25 Apr 2013

  Business, Innovation and Skills Committee has today pubished their report into The Insolvency Service.

• The UK has opted in to the EU Commission’s proposals to amend the Regulation on insolvency proceedings

  15 Apr 2013

  The European Commission published its proposals to reform the existing EU insolvency Regulation in December 2012. Business Minister Jo Swinson has today announced that the UK Government has exercised its right under the EU Treaty to opt-in to the Regulation, and will participate fully in negotiations and implementation of the Regulation in its final form.

• Review of pre-packs

  12 Mar 2013

  The Government has announced an independent review into pre-pack administration during a Parliamentary debate on pre-packs. A timescale will be announced at the time the review is launched in late spring.

• Cheshire restaurant boss fined for hiring illegal workers gets 8-year ban

  2 May 2013

  Kismet Miah, who ran The Red Fox Indian Cuisine Limited, a restaurant in Tarporley, in Cheshire, has been disqualified from acting as a director for eight years, after he failed to pay a fine for employing illegal workers - and closed down his business instead.

• Eight–year ban for director of former Seagram Distillers after squandering cash assets of £15m

  1 May 2013

  Stephen Bloch, the director of Centenary Holdings III Limited (previously Seagram Distillers Plc), has been disqualified for eight years by the High Court of Session, Edinburgh, for denuding the company of cash assets of £15m over an 18 month period.

• Double whammy for crooked clamper who just won’t learn

  30 Apr 2013