Mar 15, 2019 | NEWS
Interserve shareholders have voted down the company’s deleveraging plans, with the firm now expected to enter administration. source https://www.constructionnews.co.uk/companies/contractors/interserve/interserve-rescue-plan-voted-down/10041059.article
Mar 15, 2019 | NEWS
Interserve shareholders have rejected the proposed rescue plan leaving the board now set to file for administration today. Around 60% of the votes cast rejected the proposed debt for equity swap, which would have given lenders 95% of the business and left shareholders...
Mar 15, 2019 | NEWS
Administrators from Grant Thornton took control of the the Dawnus Group today. The group employed 700 people across six regional offices and 44 construction sites at the time of administration. Alistair Wardell, Restructuring partner at Grant Thornton UK LLP said:...
Mar 15, 2019 | NEWS
A contractor has been fined £900,000 following the death of a bricklayer from head injuries when a wall collapsed on a construction site at Lyme Regis. Capstone Building Ltd went into administration six months after Thomas Telfer was killed in June 2015 when he was...
Mar 15, 2019 | NEWS
North Lanarkshire Council is inviting bids for the design and construction of new housing with a total value of £8.9m.North Lanarkshire Council is inviting bids for the design and construction of new housing with a total value of £8.9m.Read Full Article: The...
