Receivership & administration

Creative Print Group has been bought in a pre-pack deal by a new company set up by John Price Printers after it fell into administration last month.

A firm called Mambo Direct has been set up at the same registered office as Argall Solutions, which traded as Alito Color Group, after it collapsed earlier this month.

Just four months after Bezier was being mooted as a potential buyer for Alderson's assets, Bezier's own print sites now appear likely to be permanently shuttered and the assets sold off following the...

A raft of kit from the defunct Newsfax International business is set to go under the hammer next week, with its high-value presses being sold separately by private treaty.

Three of the largest unsecured creditors of Reader's Digest parent RDA Holding's last insolvency filing found themselves in painfully familiar territory this week as the publisher once again filed for...

Administrators from Deloitte have been appointed at Bezier's Wakefield and Leicester sites, as part of a large-scale restructuring of the 49m turnover group.

The trading status of Bezier is unclear, amid reports that parts of the group are poised to go into administration.

MRM Associates has been dissolved, leaving unsecured creditors with no prospect of recovering 150,000 debts, according to the liquidator.

All 40 members of staff at Alito Color Group were made redundant yesterday (11 February) following the official appointment of insolvency specialists KRE Corporate Recovery as administrators.

The conduct of former MPI directors Mike Dolan and Ben Crozier was described as "dishonest" or "incompetent" by the judge who banned both from being directors for eight years last month.