Receivership & administration

Ron and Peter Alderson have ruled out the possibility of a 'phoenix' of any of the group's insolvent print businesses, following speculation about a number of new companies connected to senior...

ABP Web administrators Duff & Phelps have been confirmed as the administrators for the remaining four Alderson Print Group companies.

Hawthornes of Nottingham looks set for liquidation after a meeting of creditors was scheduled for 24 September by KPMG following instruction from the company's directors.

Alderson Print Group (APG) has confirmed that its web subsidiary ABP Web was placed in administration on 31 August with the loss of 90 jobs.

The Alderson Print Group has been criticised for the "disgraceful" way it has treated clients and staff as the livelihoods of more than a third of its employees hang in the balance.

Kodak's US operations made a net loss of $78.7m (49.7m) on revenues of $162.5m in July taking its combined losses since the start of the year to $745m on sales of $1.1bn.

The Alderson Print Group has said it expects to start making up to 90 of its staff redundant as early as next week.

Alderson Print Group has said that 90 staff are set to lose their jobs after its board concluded it would place its web production facility ABP Web into administration.

Northern Ireland-based Commercial Graphics (NI) has been placed in administration with the loss of 32 jobs after closing its doors last Friday (17 August).

Alderson Print Group (APG) has labelled Barclays a "disgrace" as it continued its battle to save its ABP Web division from administration.