Case updates

Greensill administrators strike £71 million auditor settlement

Petrofac sale completes

Court-backed CVA enables transfer of key division and preserves thousands of jobs

Claire’s wind-down nears end

Kession Capital forced into liquidation after creditors reject administrators' proposals

HMRC drops Petrofac CVA challenge paving way for CB&I sale

“Time dumping” case opens new recovery route

Surgo Construction moves to liquidation as administrators flag ongoing investigations

New Fortress Energy targets balance sheet reset through UK restructuring plan and Brazil spin-off

High Court rejects strike-out bid in Greensill director disqualification case

Foreign company can slip from administration into liquidation, High Court rules

Guernsey-incorporated Esken allowed to convert English administration into creditors’ voluntary liquidation despite statutory limits on winding up overseas companies

Section 423 used outside insolvency process to rebuild property venture ownership

Blenheim House claims jump to £60.6M

Administrators report asset recoveries, ongoing director loan investigations, and a surge in creditor claims driven by counterclaims and insurers