Insolvency Service

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The former finance director of construction outsourcing firm Carillion, Zafar Khan, has been disqualified from acting as a company director for the next 11 years due to his role in misrepresenting the firm's financial health and sanctioning unwarranted dividends. The ban was confirmed by the Insolve

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A director of three property management companies based in Glasgow has been disqualified as a director for 12 years after using his companies to take out Bounce Back Loans totalling £135,000 that the companies were not eligible for. Brendan Michael Gaughan, 40, was director of Gaughan Group Lt

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The UK is expected to become the first large European economy to reach pre-pandemic levels of corporate insolvencies as COVID-19 crisis support is wound down and rising levels of inflation threaten firms. According to credit insurer Allianz Trade, corporate insolvencies will soar by 37% this year. T

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Over the next five years, the Insolvency Service is set to transition to regional centres, reducing the number of offices whilst maintaining high standards of customer service and delivering better value for money. To enhance value for money for the taxpayer whilst maintaining excellent customer ser

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Following a trial at Southwark Crown Court, Boris Franz Becker was convicted of four counts against the Insolvency Act 1986. Mr Becker will appear for sentencing on 29 April 2022.

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