Receivership & administration

When most of Paperlinx UK was placed into administration at the beginning of April, PrintWeek predicted that the creditors’ list would come with a health warning.

Administration and professional fees of almost £3m were racked up in the first six weeks of the hugely complex administration process surrounding Paperlinx UK.

Tullis Russell Papermakers looks almost certain to close after administrators to the Scottish paper mill received no offers for the business and assets by the 18 May deadline.

The decision by the UK’s second biggest postal services provider Whistl to suspend final-mile delivery services last week, putting 2,000 jobs at risk, has put back the evolution of a market economy...

UPDATED: Artisan Press has gone into administration with Deloitte, just three months after the family owners announced a three-year plan to “right size” the business.

A potential purchase of the stricken Tullis Russell Papermakers business has moved one step closer.

The demise of a papermaker with a 206-year history has been greeted with shock and sadness across the industry.

Scottish paper merchant PG Paper has appointed a team of forensic accountants to look into the books of Tullis Russell Papermakers, following an approach to administrators KPMG.

The Scottish Government and Fife Council have set up a joint taskforce to help mitigate the impact of job losses at Tullis Russell Papermakers, which went into administration yesterday, with the loss...

In yet another blow to the UK paper industry, Tullis Russell Papermakers has fallen into administration, after racking up losses of £18.5m over five years, resulting in the immediate loss of 325 jobs.