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	<title>Business for Sale Blog - News and views on buying and selling businesses &#187; insolvency</title>
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		<title>Corporate insolvencies down</title>
		<link>http://www.business-sale.com/blog/business-news/1106/corporate-insolvencies-down</link>
		<comments>http://www.business-sale.com/blog/business-news/1106/corporate-insolvencies-down#comments</comments>
		<pubDate>Fri, 07 May 2010 11:35:04 +0000</pubDate>
		<dc:creator>Rob Moore</dc:creator>
				<category><![CDATA[Business News]]></category>
		<category><![CDATA[Businesses in Administration]]></category>
		<category><![CDATA[Corporate Insolvencies]]></category>
		<category><![CDATA[administration]]></category>
		<category><![CDATA[buying businesses out of administration]]></category>
		<category><![CDATA[insolvency]]></category>
		<category><![CDATA[pre-pack administration]]></category>

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		<description><![CDATA[In welcome news for the business community, corporate insolvencies are down according to the Insolvency Service.  There were 4,082 compulsory liquidations and creditorsâ€™ voluntary liquidations in total in England and Wales in the first quarter of 2010 (on a seasonally adjusted basis).  This was a decrease of 8.4% on the previous quarter and a decrease of 17.8% on the same period a year ago.


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		<title>Pre-pack administrations to be investigated by OFT</title>
		<link>http://www.business-sale.com/blog/business-news/255/pre-pack-administrations-to-be-investigated-by-oft</link>
		<comments>http://www.business-sale.com/blog/business-news/255/pre-pack-administrations-to-be-investigated-by-oft#comments</comments>
		<pubDate>Tue, 24 Nov 2009 11:01:03 +0000</pubDate>
		<dc:creator>Rob Moore</dc:creator>
				<category><![CDATA[Business News]]></category>
		<category><![CDATA[Businesses in Administration]]></category>
		<category><![CDATA[administration]]></category>
		<category><![CDATA[buying businesses out of administration]]></category>
		<category><![CDATA[insolvency]]></category>
		<category><![CDATA[pre-pack administration]]></category>

		<guid isPermaLink="false">http://www.business-sale.com/blog/?p=255</guid>
		<description><![CDATA[There has been much in the press about the "pre-pack" administration process not giving a fair deal for the business's creditors and accountancy firms benefitting in the form of lots of fees.  Despite many attempts by the industry to highlight the <a href="http://www.business-sale.com/pre-pack-administrations-benefits.html">benefits of a "pre-pack"</a> it seems that the process is going to be looked at by the <a href="http://www.oft.gov.uk/news/press/2009/132-09">Office of Fair Trading.</a>


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		</item>
		<item>
		<title>Three entrepreneurs tell us about their experience of buying distressed businesses</title>
		<link>http://www.business-sale.com/blog/business-news/77/three-entrepreneurs-tell-us-about-their-experience-of-buying-distressed-businesses</link>
		<comments>http://www.business-sale.com/blog/business-news/77/three-entrepreneurs-tell-us-about-their-experience-of-buying-distressed-businesses#comments</comments>
		<pubDate>Tue, 07 Apr 2009 12:17:01 +0000</pubDate>
		<dc:creator>Rob Moore</dc:creator>
				<category><![CDATA[Business News]]></category>
		<category><![CDATA[Businesses in Administration]]></category>
		<category><![CDATA[Buying a Business]]></category>
		<category><![CDATA[buying businesses out of administration]]></category>
		<category><![CDATA[Due Diligence]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[insolvency]]></category>
		<category><![CDATA[turnarounds]]></category>

		<guid isPermaLink="false">http://www.business-sale.com/blog/?p=77</guid>
		<description><![CDATA[Peter Harkness and his business partner, Owen Davies, bought Highbury Communications, the North London-based publisher of many well-known newsstand magazines out of administration in 2006.  The businesses downfall occurred after it had taken on too much debt - some ï¿½26m.  This debt was mainly due to some disastrous acquisitions and the overly&#8230; 


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		<title>More businesses in administration</title>
		<link>http://www.business-sale.com/blog/corporate-insolvencies/43/more-businesses-in-administration</link>
		<comments>http://www.business-sale.com/blog/corporate-insolvencies/43/more-businesses-in-administration#comments</comments>
		<pubDate>Tue, 03 Feb 2009 18:33:18 +0000</pubDate>
		<dc:creator>Rob Moore</dc:creator>
				<category><![CDATA[Corporate Insolvencies]]></category>
		<category><![CDATA[]]></category>
		<category><![CDATA[Businesses in Administration]]></category>
		<category><![CDATA[insolvency]]></category>

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		<description><![CDATA[Some of the latest businesses falling into administration are:

The radio station Abbey FM in Cumbria. Staff were asked to leave for good at 3pm on Friday. 

Freeman &#038; Proctor Ltd, the Warwickshire-based engineering firm. Makes pipes and tubing for the aircraft industry. PricewaterhouseCoopers (PwC) have been appointed as administrators.

Ffrith Leisure in Denbighshire. It leases Ffrith Beach festival gardens and employs 50 people.

What a day, more news on the insolvency&#8230; 


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		<title>Pre-pack administrations to be more closely monitored</title>
		<link>http://www.business-sale.com/blog/corporate-insolvencies/39/pre-pack-administrations-to-be-more-closely-monitored</link>
		<comments>http://www.business-sale.com/blog/corporate-insolvencies/39/pre-pack-administrations-to-be-more-closely-monitored#comments</comments>
		<pubDate>Wed, 28 Jan 2009 10:00:32 +0000</pubDate>
		<dc:creator>Rob Moore</dc:creator>
				<category><![CDATA[Corporate Insolvencies]]></category>
		<category><![CDATA[insolvency]]></category>
		<category><![CDATA[pre-pack administration]]></category>
		<category><![CDATA[receivership]]></category>

		<guid isPermaLink="false">http://www.business-sale.com/blog/corporate-insolvencies/39/pre-pack-administrations-to-be-more-closely-monitored</guid>
		<description><![CDATA[Following vocal complaints by groups of aggrieved creditors, any future pre-pack administrations will be closely scrutinised by the UK Insolvency Service.

Pre-pack administrations have proved to be a fairly rapid way for companies in severe financial difficulties to shake off debts and burdensome assets and continue trading.

But several high-profile pre-pack business administrations, including Whittards of Chelsea and Tom Hunter’s USC have highlighted the simple fact that company creditors are simply shrugged&#8230; 


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		</item>
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		<title>Pre-pack insolvency can be best..</title>
		<link>http://www.business-sale.com/blog/business-news/36/pre-pack-insolvency-can-be-best..</link>
		<comments>http://www.business-sale.com/blog/business-news/36/pre-pack-insolvency-can-be-best..#comments</comments>
		<pubDate>Fri, 16 Jan 2009 17:41:36 +0000</pubDate>
		<dc:creator>Rob Moore</dc:creator>
				<category><![CDATA[Business News]]></category>
		<category><![CDATA[Corporate Insolvencies]]></category>
		<category><![CDATA[Selling a Business]]></category>
		<category><![CDATA[]]></category>
		<category><![CDATA[business for sale]]></category>
		<category><![CDATA[buy business]]></category>
		<category><![CDATA[creditors]]></category>
		<category><![CDATA[insolvency]]></category>
		<category><![CDATA[pre-pack administrations]]></category>

		<guid isPermaLink="false">http://www.business-sale.com/blog/business-news/36/pre-pack-insolvency-can-be-best..</guid>
		<description><![CDATA[Pre-pack insolvency practice has had much bad press of late.  Tenon Recovery has come out fighting and said that it can help to avoid the “domino effect” of suppliers to the business going bust.  Critics have argued it has allowed owners of businesses to buy back their companies with most of the liabilities released, so leaving creditors out of pocket.

Tenon has identified six major benefits to the pre-pack&#8230; 


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		</item>
		<item>
		<title>Chapter 11-style insolvency rules?</title>
		<link>http://www.business-sale.com/blog/on-the-market/31/chapter-11-style-insolvency-rules</link>
		<comments>http://www.business-sale.com/blog/on-the-market/31/chapter-11-style-insolvency-rules#comments</comments>
		<pubDate>Thu, 31 Jul 2008 14:50:17 +0000</pubDate>
		<dc:creator>Rob Moore</dc:creator>
				<category><![CDATA[Corporate Insolvencies]]></category>
		<category><![CDATA[On the Market]]></category>
		<category><![CDATA[Selling a Business]]></category>
		<category><![CDATA[administration]]></category>
		<category><![CDATA[Chapter 11]]></category>
		<category><![CDATA[David Cameron]]></category>
		<category><![CDATA[insolvency]]></category>

		<guid isPermaLink="false">http://www.business-sale.com/blog/on-the-market/31/chapter-11-style-insolvency-rules</guid>
		<description><![CDATA[Now that the Summer of gloom is in full swing, some business sectors are looking forward to a bumper Autumn!... Insolvency experts and turnaround specialists are gearing up for a surge in corporate debt problems which they expect will generate the biggest wave of company restructurings in decades.  This could mean lots of fees. Lucky them!

Given the difficult credit conditions banks have largely held off calling in loans, focusing&#8230; 


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		</item>
		<item>
		<title>Crystal ball gazing&#8230;</title>
		<link>http://www.business-sale.com/blog/business-news/7/crystal-ball-gazing...</link>
		<comments>http://www.business-sale.com/blog/business-news/7/crystal-ball-gazing...#comments</comments>
		<pubDate>Wed, 02 Jan 2008 16:11:08 +0000</pubDate>
		<dc:creator>Rob Moore</dc:creator>
				<category><![CDATA[Business News]]></category>
		<category><![CDATA[Corporate Insolvencies]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[forecast]]></category>
		<category><![CDATA[insolvency]]></category>

		<guid isPermaLink="false">http://www.business-sale.com/blog/business-news/7/crystal-ball-gazing...</guid>
		<description><![CDATA[It’s prediction season again; one just has to glance through any financial or business publication for lists of what’s going to be hot or cold in 2008, which shares are going to explode and where to buy or not to buy your next investment property.

As far as I can see, the only sure thing is that there will be a massive shakeout of futurologists.

But on closer inspection, if we limit&#8230; 


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