Receivership & administration
Alito set to appoint administrators
Argall Solutions, which trades as Alito Color Group, filed a notice of intent to appoint administrators yesterday.
Kodak requests third Chapter 11 plan extension, concludes patent sale
Eastman Kodak completed the sale and licensing of its digital imaging patents for $527m this week as it asked for yet another extension to the deadline for filing its Chapter 11 plan.
Directors of collapsed print group disqualified for 16 years
Two former print bosses have been disqualified for a total of 16 years for offences including false invoicing.
FT to prioritise digital
The <i>Financial Times</i> is to shift resources from print to digital as it looks to reduce newspaper production costs.
Investors rescue Lessebo mill from closure
Sweden's Lessebo mill has been saved from closure after Norwegian investors bought the assets from its previous owner, insolvent Vida Paper.
Industry reacts to MLG buyout
Scottish printer Montgomery Litho Group's (MLG) resurrection has polarised industry opinion.
KPMG confirms no payout to Pindar trade creditors
KPMG has confirmed that it does not expect unsecured creditors of Pindar PLC to receive any payout from the sale of the group's assets.
Quad/Graphics completes Vertis acquisition
Sussex, WI-based Quad/Graphics this week finalised its acquisition of direct marketing powerhouse Vertis out of bankruptcy for a net amount of $170m.
Production director leads MBO at collapsed Montgomery Litho
Montgomery Litho Group's (MLG) Glasgow arm has been bought by its production director Janette McAllister in a management buyout deal agreed with provisional liquidators KPMG last night.
Montgomery Litho enters liquidation with 148 jobs lost
Scottish print firm Montgomery Litho Group (MLG) has appointed provisional liquidators after a major customer loss forced the company into financial difficulty.