Receivership & administration

PwC confirms Polestar job cuts
Administrators at PricewaterhouseCoopers have confirmed that 183 redundancies have been made at Polestar.
Pre-packing Armageddon
Jo Francis ponders the motivation behind Polestar's pre-pack

'£100m loss to UK print' warning as rivals scope out Polestar sites
Both Wyndeham owner Walstead Group and Prinovis have confirmed their potential interest in parts of stricken print group Polestar.

Tullis Russell workers awarded £1.5m redundancy pay
Former Tullis Russell Papermakers staff have each been awarded the equivalent of eight weeks' pay by an employment tribunal – £1.5m in total.

Will the promise of jam tomorrow ever be delivered on?
Sometimes people say clever things, but only with the benefit of hindsight.

Paperlinx firms now in liquidation
Unsecured creditors of Paperlinx will receive some sort of payout according to the latest report from administrators at Deloitte.

Supplier calls in administrators after 25 years
Atlas Machinery, the supplier of used bookbinding and finishing kit, has closed for good and called in administrators.

RotaDyne UK in administration
Printing roller manufacturer RotaDyne UK has gone into administration.

PwC details Polestar pre-pack
Polestar’s owner Proventus Capital Partners injected a further £11m into the group in December after Sun Capital declined to provide further funding for the business, according to the first...

Yorkshire printer bought from administrators
The Yorkshire owner of 11 print-related firms has bought Hull-based GKD Litho Limited from administrators, saving the business and 16 jobs.