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.
BDR Logistics Ltd has closed down resulting in the loss of 145 jobs. The company stopped trading on 17 April 2010 since it owed more than £1m, with HM Revenue and Customs (HMRC) being the biggest creditor. Administrators have sent letters to employees to advise them of the administration, their rights and the course of action they need to take in order to make a claim in respect of their redundancy.
Eurofound (2010), BDR Logistics, Bankruptcy in United Kingdom, factsheet number 70448, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70448.