Sanctions convictions follow business breaches

Sanctions convictions follow business breaches

Earlier this month, two individuals were sentenced for breaches of Russian linked financial sanctions for the first time ever in the UK. Both Russian nationals, they were found guilty of eight counts of breaching financial sanctions and two counts of money laundering,...
Directors’ bans still led by Covid loan abuse

Directors’ bans still led by Covid loan abuse

The Insolvency Service disqualified more than 1,000 directors in 2024-25, according to its latest report on enforcement outcomes. Of the 1,036 sanctioned, 736 were banned for Covid loan abuse. The average length of a ban was eight years, on a scale of two to 13 years....
Bronzewood Capital backs acquisition of Fairline Yachts

Bronzewood Capital backs acquisition of Fairline Yachts

Bronzewood Capital, the private equity investor focused on UK mid-market turnaround situations with asset backing, is pleased to announce its first transaction, one month after launch. The firm is backing Fairline Holdco Limited in acquiring the business and assets of...
Dundee’s near-death rocks stricken universities

Dundee’s near-death rocks stricken universities

The cash crisis pushing Dundee University to the brink of collapse is a familiar tale of woe in UK Higher Education these days. An ‘expert taskforce’ and £22m of Scottish government support may have hauled Dundee back from the edge, but other institutions won’t be so...