Receivership & administration
LumeJet Print Technologies enters liquidation
LumeJet Print Technologies (LPT) has gone into liquidation, three years after it was established after the original LumeJet business went into administration.
Paperhat subsidiaries sold, but trade creditors left in the cold
The fates of Paperhat Group and its various subsidiaries have been revealed in administrators' proposals, which also state that unsecured creditors, who are owed £1.5m, will receive nothing.
Fulfilment firm Prolog in administration
Promotional Logistics has gone into administration after racking up substantial operating losses and losing a major customer.
Double disqualification for married print bosses
A married couple who ran a print company have been disqualified for a total of 14 years after the husband breached a previous disqualification.
Nirvana founders wrest control from collapsed parent
Nirvana CPH’s previous owners have regained control of the creative print services business following the fall into administration of majority shareholder Paperhat Communications earlier this month.
Feldmuehle files for insolvency again
Independent German paper mill Feldmuehle has filed for insolvency for the second time this year.
Former Sunline Direct Mail buildings up for sale
The three buildings previously leased by Sunline Direct Mail are up for sale.
Remaining Paperhat companies in advanced sales talks
The remaining Paperhat Group companies are all in "advanced" stages of sales processes, according to FRP Advisory, following its sale of the group's Communications subsidiary to Paragon in a pre-pack...
Paperhat Communications admins step forward, but no word on group companies
The administrators of Paperhat Communications have been named, but the status of the remaining group companies is still unclear.
Paragon acquires Paperhat Communications from admin
Paperhat Group has gone into administration and Paragon is set to acquire its communications wing.