Interpath Advisory

An Irish property investment and development firm is in advanced discussions to purchase the Virgin Hotel in Glasgow.

Independent financial advisory firm Interpath has announced that James Dewar and Joyce Thomson have successfully obtained their insolvency permits. The pair now join Interpath's head of Scotland Alistair McAlinden and managing director Geoff Jacobs as the firm's Scottish corporate insolvency practit

The number of companies in Scotland filing for administration during H1 2024 has dropped by 15% compared to the corresponding period last year, according to figures from Interpath Advisory. Analysis of notices in The Gazette by Interpath shows there were 28 administrations in Scotland in the first s

Scottish animation and visual effects firm Axis Studios has entered administration. Alistair McAlinden and Geoff Jacobs of Interpath Advisory have been appointed joint administrators to Axis Productions Limited and Axis VFX Limited, which trade as Axis Studios, on 15 July 2024.

Interpath Advisory, the UK restructuring firm formed from a KPMG spin-off in 2021, is in advanced talks to acquire KPMG's French restructuring division. This would be Interpath's most significant acquisition to date, with the French arm employing over 100 people, Sky News reports.

The number of companies in Scotland filing for administration has hit its highest Q1 rate since before COVID-19, according to figures from Interpath Advisory.

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint administrators to Glasgow-based furniture and homeware retailer Morale Home Furnishings UK Limited on 28 February 2024. Following their appointment, the joint administrators have announced they will continue to trad

Blair Nimmo, the chief executive of Interpath Advisory, the restructuring business acquired by HIG Capital for £400 million from KPMG UK in 2021, is set to leave the company this spring. Interpath, facing widening losses, reported a group loss of £10.6m for the 12 months ending March 202

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint provisional liquidators to J S Crawford Contracts (Borders) Limited. The Melrose-based construction company, operational since 1946 and specialised in residential house building, faced severe financial strain due to

Glasgow-based Locavore Community Interest Company has entered administration on 30 January 2024, with Blair Nimmo and Geoff Jacobs of Interpath Advisory appointed as joint administrators. Founded in 2011 and based in Glasgow, Locavore is a not-for-profit social enterprise which seeks to build a more

Virgin Hotels' Glasgow location, which opened just four months ago, has abruptly shut down, leaving staff and stakeholders in dismay. The closure, announced unexpectedly in a staff meeting followed by immediate escort from the premises, occurs amidst financial turmoil for the property's owner, Lloyd

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint provisional liquidators to Glasgow-based Tots Bots Limited. Founded over 20 years ago, Tots Bots is a manufacturer and online retailer of reusable nappies, swimwear nappies and related accessories. The company also

The number of companies filing for administration in Scotland has jumped by over 20% year-on-year, as a sluggish economy, the cost-of-living crisis, high interest rates and ongoing geopolitical uncertainty continue to impact businesses across the country.

Blair Nimmo and Geoff Jacobs from Interpath Advisory were appointed joint provisional liquidators of Newman Bonar Ltd on Wednesday 25 October 2023. The company was established in Dundee in April 2023 by its present owner to acquire the business and assets from the administrators of Bonar Yarns Limit

Edinburgh-based sports streaming platform Recast Sports has been reacquired out of administration by founder Andy Meikle through Content Technology Partners (CTP), a firm in which he holds a significant stake.