Joint Administration of Silverjet Plc This last surviving business class-only transatlantic airline was placed into administration. A sale of the business as a whole was agreed to Kingplace Limited, however, due to unusually complex negotiations between Kingplace and third parties, the sale was not able to complete. As a result we had to make the workforce redundant, despite working hard to prevent this. We continue to negotiate the sale of Silverjet’s assets for the benefit of the company’s creditors.
16th September 2019
There was around a 25 per cent increase in the number of restaurant businesses entering insolvency over the course of the year to June 2019, according to the latest figures on the subject.Read More