Administration News in the Professional And Financial sector

E-Clear, the credit card processing company linked to the collapse of Scottish airline Globespan, has been taken into administration itself. [more]

One of Scotland's largest property development companies The Kilmartin Property Group has been taken into receivership due to the downturn in the property ma [more]

Mortgage and IFA network Mortgage Times Group Limited is poised to enter administration. It has ceased trading and its advisers are no longer authorised to conduct regulated activities. [more]

Kenmore Property Group has placed 21 of its companies into administration and a further two into receivership. Grant Thornton has been appointed as the administrator. [more]

Part of Syrian-born billionaire Simon Halabi's property empire is to be put on the block to pay back debts, after the buildings fell into negative eq [more]

Two companies that provided various structured financial products supported by Lehman Brothers, have gone into administration. NDF Administration and Defined Returns Ltd are both situated in St Albans, Hertfordshire, and together have 35,000 customers, 10% of which had purchased Lehman-supported products. According to the administrators, Andrew Hosking and Martin E [more]

The Fees Company, an Edinburgh-based business that enables parents to spread the payments of private schools fees, has gone into administration. [more]

The Financial Services Authority has pushed investment company Keydata into administration, after saying that it is insolvent and unable to meet its liabilities. [more]

Paul Kemsley's property business Rock has gone into administration; one reason cited was the effects of the slump in the property sec [more]

Property investment and development business W G Mitchell has had 30 out of 75 of its divisions placed into administration. [more]

Mortgage brokerage Chase de Vere, based in London has gone into administration after the companies turnover fell sharply. [more]

KW Linfoot, the Leeds-based property developer, has gone into administration as the recent reduction in mortgage products has created difficulties for people to buy apartments. [more]

The second round of bids for one of Lehman Brothers unsold assets has attracted private equity companies and vulture funds. PricewaterhouseCoopers, which is ma [more]

Active Asset Management (aAIM), a property firm backed by Sir Alex Ferguson and Sir David Frost amongst others, has gone into administration. AAim, which invests in commercial [more]

Dunedin Industrious, the £520m commercial property subsidiary of Dunedin, the Edinburgh-based property company, has been forced into receivership after it failed to secure emergency funds needed in order to sur [more]

Personal insolvency specialist Debtmatters may have effectively put itself up for sale, after announcing a suspension of all direct advertising and a strategic review of the company, looking at options for its suffering IVA division and other parts of the group. [more]

Consumer finance group Homebuy has fallen into administration despite announcing record profits only a few weeks previously. The UK company failed to [more]