Receivership & administration

Three of the largest unsecured creditors of Reader's Digest parent RDA Holding's last insolvency filing found themselves in painfully familiar territory this week as the publisher once again filed for...

Administrators from Deloitte have been appointed at Bezier's Wakefield and Leicester sites, as part of a large-scale restructuring of the 49m turnover group.

The trading status of Bezier is unclear, amid reports that parts of the group are poised to go into administration.

MRM Associates has been dissolved, leaving unsecured creditors with no prospect of recovering 150,000 debts, according to the liquidator.

All 40 members of staff at Alito Color Group were made redundant yesterday (11 February) following the official appointment of insolvency specialists KRE Corporate Recovery as administrators.

The conduct of former MPI directors Mike Dolan and Ben Crozier was described as "dishonest" or "incompetent" by the judge who banned both from being directors for eight years last month.

Argall Solutions, which trades as Alito Color Group, filed a notice of intent to appoint administrators yesterday.

Eastman Kodak completed the sale and licensing of its digital imaging patents for $527m this week as it asked for yet another extension to the deadline for filing its Chapter 11 plan.

Two former print bosses have been disqualified for a total of 16 years for offences including false invoicing.

The <i>Financial Times</i> is to shift resources from print to digital as it looks to reduce newspaper production costs.