ICSM NEWS: Young fundraisers could lose all their cash as sustainable development charity Raleigh International goes bust owing suppliers, staff and teenagers tens of thousands of pounds

ICSM NEWS: Young fundraisers could lose all their cash as sustainable development charity Raleigh International goes bust owing suppliers, staff and teenagers tens of thousands of pounds
Huge rise in insolvencies as firms struggle with debts and repaying Covid loans

Huge rise in insolvencies as firms struggle with debts and repaying Covid loans
Reforming Insolvency Laws ‘can’t come soon enough’ as a court shuts down rogue Individual Voluntary Arrangement firm

Reforming Insolvency Laws ‘can’t come soon enough’ as a court shuts down rogue Individual Voluntary Arrangement firm
As economies dip heralding a bear market the cryptocurrency bubble bursts as values slide in virtual currencies

Pic: Deseret News
As economies dip heralding a bear market the cryptocurrency bubble bursts as values slide in virtual currencies
Morrisons confirmed as the new owner of beleaguered McColls – but doubts remain over the viability of some of the stores and whether all suppliers will be paid

Pic: Convenience store
Morrisons confirmed as the new owner of beleaguered McColls – but doubts remain over the viability of some of the stores and whether all suppliers will be paid
Mags, Fags and McColls: convenience store empire with 16,000 staff on the brink of administration as the 'public stop buying cigarettes and newspapers'

Picture: Scottish Business Insider
Mags, Fags and McColls: convenience store empire with 16,000 staff on the brink of administration as the public 'stop buying cigarettes and newspapers'
Concerns mount over the future of Lettershop as the landlord steps in at the printing firm’s Leeds site following the collapse of YM Group

Concerns mount over the future of Lettershop as the landlord steps in at the printing firm’s Leeds site following the collapse of YM Group
Insolvency firm Begbies Traynor: huge rise in companies hitting the rocks this year as insolvencies rise due to post Covid hangover, inflation and the problems caused by Brexit

Insolvency firm Begbies Traynor: huge rise in companies hitting the rocks this year as insolvencies rise due to post Covid hangover, inflation and the problems caused by Brexit
Drama college was ‘potentially insolvent’ while banking fees from students days before collapse

Pictured in The Stage some of the students affected by the closure of ARLA
Drama college was ‘potentially insolvent’ while banking fees from students days before collapse
Game, set and prison: the downfall of Boris Becker for a crime many corrupt business-people commit who think they can rip off creditors and get away without paying their debts

Boris Becker arrived at court with his partner Lilian de Carvalho Monteiro. Pic: PA
Game, set and prison: the downfall of Boris Becker for a crime many corrupt business-people commit who think they can rip off creditors and get away without paying their debts
BROKE: The return of Crown Preference scuppers more Company Voluntary Arrangements (CVAs) as the Government seeks to claw back unpaid tax from insolvent companies - and everyone loses out

BROKE: The return of Crown Preference scuppers more Company Voluntary Arrangements (CVAs) as the Government seeks to claw back unpaid tax from insolvent companies - and everyone loses out
Warnings were ignored by the Government over Covid bank loans as The Times reveals billions lost in fraud

Warnings were ignored by the Government over Covid bank loans as The Times reveals billions lost in fraud
Parliament: Five recommendations to tame the ‘Wild West’ of the insolvency industry after scandals that have cost suppliers, workers, and tax payers billions

Pic: BBC
Parliament: Five recommendations to tame the ‘Wild West’ of the insolvency industry after scandals that have cost suppliers, workers, and tax payers billions
YM Collapse: workers left unpaid, anger at directors, calls for an investigation – and Printweek praised for keeping industry informed

YM Collapse: workers left unpaid, anger at directors, calls for an investigation – and Printweek praised for keeping industry informed
ICSM NEWS: Stamford Paper’s meeting with creditors set for April 28th as another big name in manufacturing hits the buffers

ICSM NEWS: Stamford Paper’s meeting with creditors set for April 28th as another big name in manufacturing hits the buffers
The UK arm of Russia’s second-biggest bank goes bust as more Russian firms are sanctioned with staff and suppliers hit

Pic: Reuters
The UK arm of Russia’s second-biggest bank goes bust as more Russian firms are sanctioned with staff and suppliers hit
Game, set and stash: when stashing cash away from the Insolvency Service and hiding assets as your creditors close in can end in court (and even prison)

German national Boris Becker arrives at court with partner Lilian de Carvalho Monteiro. Pic: Reuters for the BBC
Game, set and stash: when stashing cash away from the Insolvency Service and hiding assets as your creditors close in can end in court (and even prison)
Welcome to ICSM

Welcome to ICSM's April Newsletter
Gazprom set to be nationalised as energy sector’s collapse continues

Gazprom set to be nationalised as energy sector’s collapse continues
No April Fool’s Joke: three of YM Group’s companies enter administration after days of confusion leaving workers and suppliers unpaid

No April Fool’s Joke: three of YM Group’s companies enter administration after days of confusion leaving workers and suppliers unpaid
YM latest: Print Week reports on the collapse in confidence at YM Chantry as work stops

YM latest: Print Week reports on the collapse in confidence at YM Chantry as work stops
ICSM WARNING: The fake debt collection companies are back - promising creditors they can recoup written off debts

ICSM WARNING: The fake debt collection companies are back - promising creditors they can recoup written off debts
Print Week: crisis at York Mailing as the major printing company teeters on the brink of collapse as a creditor blockades site

Print Week: crisis at York Mailing as the major printing company teeters on the brink of collapse as a creditor blockades site
The clock is ticking for the YM Group’s ‘fast track sale’ as the end of the financial year ends – reveals Print Week

The clock is ticking for the YM Group’s ‘fast track sale’ as the end of the financial year ends – reveals Print Week
P&O Ferries: a massive PR disaster - when there were legal (and common sense) options to take to turn the firm around

P&O Ferries: a massive PR disaster - when there were legal (and common sense) options to take to turn the firm around