Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
McLeish brothers, a Scottish deli chain, have gone into administration. Seven of the ten stores owned by the company have been closed with immediate effect with the loss of 175 of the 205 jobs at the company. The firm went into administration when their bank, HBOS, withdrew their credit facility.
Eurofound (2009), McLeish Brothers, Bankruptcy in United Kingdom, factsheet number 67815, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67815.