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- LEGAL & RESTRUCTURING
The U.S. rescuer of the Smallbone of Devizes and Mark Wilkinson Furniture luxury kitchen companies has added another Wiltshire business after completing an insolvent takeover earlier this month.
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- LEGAL & RESTRUCTURING
Parisot, a French furniture kit maker employing over 500 people whose products are sold into the U.K. retail market, has been placed into an insolvency process called redressement judiciaire.
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- LEGAL & RESTRUCTURING
Markus Jooste, the former chief executive of Steinhoff International Holdings, is yet to speak with PwC, which has been investigating alleged accounting irregularities that were first noted on the day he resigned back in late 2017.
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- LEGAL & RESTRUCTURING
PwC has delivered its report into accounting irregularities to Steinhoff.
A small group of unspecified former Steinhoff International Holdings executives conspired to inflate profits or asset values over a nine-year period between 2009–2017, according to a report by PwC.
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- LEGAL & RESTRUCTURING
Contract and hotel furniture maker YTM Group has ceased trading after being placed into administration. All 117 employees have been made redundant.
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- LEGAL & RESTRUCTURING
First Furnishings, a Scotland based supplier of furniture, flooring and furnishings packages to housing associations and letting agents, has ceased trading with the loss of nearly 60 jobs.
