Directors Banned After £4 Million Investor Loss in Derby Student Accommodation Development Three directors involved in a troubled student accommodation project in Derby have been banned from the corporate arena for seven years after their misleading investment practices resulted in over £4 million lost by investors. The individuals, Fraser MacDonald, Gavin Barry, and Edward Fowkes, […]
A company director who refused to submit accounting records and cooperate with the Insolvency Service after his company went into liquidation has been jailed. Vezubuhle Ndlovu received a 10-month prison sentence at Manchester Crown Court on October 15, 2024. He had admitted to offences under the Insolvency Act and Companies Act related to his […]
Misleading Corporate Rescue Firms Wound Up After UK Insolvency Investigation Two corporate rescue firms, Atherton Corporate (UK) Ltd and Atherton Corporate Rescue Ltd, were wound up after misleading directors of distressed companies into believing they could sell their businesses and avoid debts. A UK Insolvency Service investigation uncovered these misleading corporate rescue schemes, leading to […]
