My 2 Cents Companies which have gone into administration

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SenseiDesign

Yellow Belt
wolworth,

there are some banks here in germany that got high state loans like the hypo real estate does this count^^

and there is Opel which is not doing good because of gm, which could collapse this year
 

TeamPlayer

Yellow Belt
Here are some more companies which have gone into administration-

Adams childrens clothing retailers, which has 260 outlets in its UK chain and 103 internationally, employing about 2,000 people.

The shoe shop chain Barratts, and Priceless (who operate in the Irish Republic).

Essex-based furniture importer and supplier, Willis Gambier, has gone into administration, with the potential loss of 130 jobs.

Viyella, the clothing business.

Retail chain Passion for Perfume has gone into administration with the closure of its 44 fragrance stores and the loss of 194 jobs.

Land of Leather and Newcastle Productions, the distributor of Findus foods, have both gone into administration on 12 January, leaving over 1,000 people at risk of losing their jobs.

Blooming Marvellous, the Ealing-headquartered maternity-wear retailer, has become the latest retailer to fall into administration, the latest in a string of failures under Iceland-linked investment companies.

More than 800 employees have been made redundant, as Klick Photopoint and Max Spielmann have gone into administration.
 

TeamPlayer

Yellow Belt
Here are some more I found-

Cardfair and Card Warehouse chains
Lehman Brothers Limited - 15 Sept 2008
Lehman Brothers Holdings PLC - 15 Sept 2008
LB UK Re Holdings Limited - 15 Sept 2008
Lehman Brothers International (Europe) - 15 Sept 2008
Storm Funding Limited - 23 Sept 2008
Mable Commercial Funding Limited - 23 Sept 2008
Lehman Brothers Europe Limited - 23 Sept 2008
Lehman Brothers UK Holdings Ltd - 29 Sept 2008
LB UK Financing Ltd - 2 Oct 2008
LB SF No. 1 - 2 Oct 2008
Cherry Tree Mortgages Limited - 13 Oct 2008
Lehman Brothers Lease and Financing (No 1) Limited - 24 October 2008
Zestdew Limited - 29 Oct 2008
Monaco NPL (No 1) Limited - 29 Oct 2008
Lehman Commercial Mortgage Conduit Limited - 30 Oct 2008
B RE Financing NO. 3 Limited - 30 Oct 2008
Lehman Brothers (PTG) Limited - 6 Nov 2008
Eldon Street Holdings Limited - 9 December 2008
LB Holdings Intermediate 2 Limited - 14 Jan 2009
 

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Cheers TeamPlayers, rep added :)


Here are some more I found-

Cardfair and Card Warehouse chains
Lehman Brothers Limited - 15 Sept 2008
Lehman Brothers Holdings PLC - 15 Sept 2008
LB UK Re Holdings Limited - 15 Sept 2008
Lehman Brothers International (Europe) - 15 Sept 2008
Storm Funding Limited - 23 Sept 2008
Mable Commercial Funding Limited - 23 Sept 2008
Lehman Brothers Europe Limited - 23 Sept 2008
Lehman Brothers UK Holdings Ltd - 29 Sept 2008
LB UK Financing Ltd - 2 Oct 2008
LB SF No. 1 - 2 Oct 2008
Cherry Tree Mortgages Limited - 13 Oct 2008
Lehman Brothers Lease and Financing (No 1) Limited - 24 October 2008
Zestdew Limited - 29 Oct 2008
Monaco NPL (No 1) Limited - 29 Oct 2008
Lehman Commercial Mortgage Conduit Limited - 30 Oct 2008
B RE Financing NO. 3 Limited - 30 Oct 2008
Lehman Brothers (PTG) Limited - 6 Nov 2008
Eldon Street Holdings Limited - 9 December 2008
LB Holdings Intermediate 2 Limited - 14 Jan 2009
 

TeamPlayer

Yellow Belt
A few more, some of these are in the U.S.

Wrapit (a gift list service)
Excel Airways
Bear Stearns
K&S Travel (also known as Travel Turkey)
Silver jet
Inside Track
Carlyle Capital
First Magnus
Alitalia, the Italian national carrier filed for bankruptcy protection.
Global Crossing
WorldCom
Kaiser Aluminum
Lucent technologies
 

TeamPlayer

Yellow Belt
Not quite, but it appears almost... :(

Major high street names under threat as Baugur on brink of collapse

The future of some of the high street's top names was thrown into doubt this morning as Baugur, the Icelandic retailer, looked poised to go into administration.

The company, which owns or controls British retailers such as Iceland, the supermarket chain; Hamleys, the toy shop; House of Fraser, Britain's No 3 department store chain; Goldsmiths, the jeweller; and Whistles, the fashion chain, said that it had applied to the District Court in Reykjavik to enter into "the moratorium processâ€.

It added: "This action has been taken in order to protect the group's assets as well as the interests of all creditors.â€

The move follows the collapse of talks with Landsbanki, the Icelandic bank, over a potential restructuring of its £1 billion debts.

The news comes days after Baugur, whose companies employ about 50,000 people worldwide, said that it was shutting its Reykjavik office and laying off staff at its glitzy offices on London's Bond Street.

Baugur has been talking both to Iceland's government and its bankers for more than two months on a possible restructuring.

Sir Philip Green, the billionaire owner of Arcadia, which owns Bhs, Top Shop, Dorothy Perkins and Burtons, flew to Iceland in October in an attempt to buy some £1 billion worth of Baugur debts owned by Icelandic banks.

Businesstimesonline
 

TeamPlayer

Yellow Belt
Huge rise in companies going bust

The recession is forcing more firms out of business

There has been a huge rise in the number of firms going bust in England and Wales because of the recession.

The Insolvency Service said that in the last three months of 2008 there were 2,428 corporate insolvencies such as administrations and receiverships.

That was a 220% rise on the same period the year before.

In the same period, 29,444 people were made bankrupt or entered an individual voluntary arrangement (IVA), 19% more than a year ago.

Of those, 19,100 were bankruptcies while 10,344 were IVAs.

BBCNews
 

TeamPlayer

Yellow Belt
Bauger is now in administration.

Control of part of the sprawling Baugur retail empire has formally passed to insolvency specialists after the company was put into administration at the high court.

Baugur had earlier given up trying to stave off the administration with its own petition, in Iceland, requesting protection from its creditors.

Accountants from PriceWaterhouseCoopers have now been appointed. The administration came after negotiations between Baugur and its main creditor, nationalised Icelandic bank Landsbanki, broke down. Landsbanki and other creditors are understood to be owed £1bn.

Baugur's portfolio includes share stakes in Iceland supermarkets (14%), House of Fraser (35%), the Aurum group of jewellers including Mappin & Webb and Goldsmiths (38%) and Hamleys toy store (64%).

guardian.co.uk
 
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