Citigroup spent more than £1.4 million on accountants and legal advice in only seven weeks before it seized control of record label EMI from financier Guy Hands... more
Winding up the London-based operations of Lehman Brothers' European operations could take a decade according to PricewatehouseCoopers partner and administrator Tony Lomas... more
Banking: Winding up Lehman Brothers' operations in London is taking longer than expected, and may not be completed for many years, according to the man in charge of the investment bank's administration... more
Legal Analysis: If there is one group of people that has done well out of the Lehman-to-Lloyds TSB-HBOS rollercoaster then it has to be the lawyers. Not all of them are benefiting, of course... more
Profile: Tony Lomas is calm, pragmatic and highly organised. He will need all those qualities to sift through the complex, tangled wreckage of Lehman’s European interests... more
WITH administrators and liquidators picking over corporate carcasses around the country and consigning thousands to the dole queue, step forward the annual Insolvency and Rescue Awards... more
Chancellor Alistair Darling says we are in the biggest financial crisis in 60 years. So we obviously have much worse to come than yesterday's 4.5% retreat on the FTSE 100... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do