Alchemist DB fined over trench death

Borehamwood construction firm Alchemist DB Limited has been fined after a worker, living on site, died after falling into a trench. The company is now in liquidation and was sentenced in absence.

Interserve liquidation moves forward after Qatar tax issue resolved

A winding up of Interserve has taken a giant step forward following the resolution of a tax wrangle with Qatari authorities. Liquidators for Interserve plc, which collapsed in 2019, have now received the greenlight from Qatari officials to sell its shares in Al Binaa Contracting… The post Interserve liquidation moves forward after Qatar tax issue resolved appeared first on Construction News.

PRS REIT shareholders vote for voluntary liquidation

Some 99.91% of shareholders approved the firm's liquidation, following the £628.9m sale of its portfolio holding company to Waypoint in November. The post PRS REIT shareholders vote for voluntary liquidation appeared first on Property Week.

Schools PFI firm’s liquidation to hit Equans for £5m

Equans is set to take a near £5m hit from the liquidation of the private finance initiative (PFI) company that previously had responsibility for schools in Stoke-on-Trent. Transform Schools (Stoke) Ltd (TSSL), a PFI vehicle that built and maintained the city’s schools under a 25-year… The post Schools PFI firm’s liquidation to hit Equans for £5m appeared first on Construction News.

PRS REIT proposes members’ voluntary liquidation following Waypoint sale

The move follows shareholder approval last month for the sale of PRS Holdco to Waypoint. The post PRS REIT proposes members’ voluntary liquidation following Waypoint sale appeared first on Property Week.

Building Magazine - Adjudication in insolvency: any further questions? 19112020

Tony Bingham of 3 Paper Buildings looks at the case of John Doyle Construction Ltd vs Erith Construction Ltd, a groundworks dispute .... The latest instalment in the saga of adjudications involving insolvent companies that brings more questions than answers