R3

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Scotland has seen a 164% increase in corporate insolvency numbers (liquidations and receiverships) in the fourth quarter of 2021-22, compared to the fourth quarter of 2020-21, at 240, against 91. According to the latest figures, the number of corporate insolvencies in Scotland stayed the same in Q4

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R3, the insolvency and restructuring trade body, has launched a new debt advice guide for individuals in Scotland. The free resource, ‘Dealing with money worries – a guide to your options’, provides an overview of the potential solutions available to those who are worried about the

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Tim Cooper, chair of insolvency and restructuring trade body R3 in Scotland and a partner at Addleshaw Goddard in Edinburgh, has won the Association’s R3 2021 Excellence Award. Mr Cooper won the award, which was presented in memory of former R3 North West Chair and Council member Matt Dunham,

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Insolvency and restructuring trade body R3 in Scotland is urging directors of COVID-hit businesses to make the most of the time granted by the Government’s extension of temporary insolvency measures to plan for the future. The Government has announced that it will extend a number of temporary

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New regulations which aim to improve the transparency of sales to connected parties in administrations are flawed, says insolvency and restructuring trade body R3 in Scotland. The rules, which come into effect on 30 April, apply to all sales of businesses and/or substantial assets of a company in ad

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The Insolvency Service and insolvency and restructuring trade body R3 have announced a project aimed at understanding and promoting diversity and inclusion across the insolvency profession. The two have collaborated to form a Diversity & Inclusion Steering Group to guide this project.

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The UK Government has laid draft regulations in Parliament that implement the requirement for mandatory independent scrutiny of pre-pack administration sales where connected parties are involved in the purchase.

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Corporate insolvency numbers (liquidations and receiverships) in Scotland for the whole of 2020 were 40% lower than in 2019, at 592 (2020) against 981 (2019), according to insolvency and restructuring trade body R3. The number of corporate insolvencies (liquidations and receiverships) in Scotla

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Corporate insolvencies may increase this winter, with new research from the insolvency and restructuring trade body R3 indicating that a steep rise may start as early as this October. The R3 research – based on a member survey of insolvency and restructuring professionals – highligh

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The number of corporate and personal insolvencies for the whole of 2019 has increased, according to the latest Scottish Insolvency Statistics from Accountant in Bankruptcy. Overall, corporate insolvency numbers in Scotland for the whole of 2019 were 4% higher than in 2018, and were at their highest

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