All debt articles
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NewsHousebuilders face prospect of land value writedowns
Listed firms could write off up to 40% of their net asset value
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NewsInterserve says it will hit financial covenant targets
Contractor gives assurance as it announces new 拢125m loan deal
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NewsBust firm Pochin鈥檚 facing 拢18m of non-performance claims
But administrators to collapsed contractor also pursuing 拢13m in counter-claims
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NewsHammerson eyes more disposals and delaying starts as it posts 拢267m loss
Firm to beef up senior management and intensify disposals programme
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NewsInterserve rebel investor turns the screw and ramps up stake in business
Coltrane Asset Management piles on pressure ahead of EGM
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NewsKier's 拢264m rights issue result announced
Contractor says 38% of new shares have been taken up
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FeaturesTill debt do us part
聽Why have contractors鈥� debt levels risen recently? Is debt as big a problem as it seems?
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NewsKier promises action as debt spirals
Contractor puts faith in 鈥榝uture-proofing鈥� programme to streamline business as net debt hits 拢375m
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NewsDeveron Homes goes into administration
Administrator points to contract delays and 鈥渟ignificant levels of debt鈥� at Scottish housebuilder
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Comment
鈥楶re-pack鈥� administrations face stricter controls
Against the backdrop of recovering economic meltdown, and the plethora of high-profile retail failures, several of which resulted in pre-pack sales (e.g. Whittards, The Officers Club and USC) - is it any wonder that creditors and indeed the public have come to an increasingly cynical view of 鈥榬evolving door鈥� or ...