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Heather Kerzner (Henderson's partner) instructed London law firm Grosvenor Law to explore ways of clawing back some of her investment in Bell Pottinger. [ 130 ] [ 131 ] In October 2018, the Times reported that around 40 former Bell Pottinger partners faced a £4m demand from the company's liquidator, BDO, [ 28 ] with Henderson asked to repay £ ...
In 2012, Henderson supported Lord Bell in a £20.5m management buy-out of Bell Pottinger from Chime Communications [10] (the total deal value was £26.5m including an ancillary transaction to acquire the Pelham shareholding), with Henderson, holding a 25% equity stake, subsequently appointed group chief executive.
Wikipedians discovered up to 19 accounts, 10 of which had over 100 edits each, which traced back to Bell Pottinger's offices; as a result of the investigation 10 of the accounts were blocked. [51] Bell Pottinger was accused of using sock or meatpuppets to edit pages to create the appearance of support for changes in articles. [52]
The Bureau of Investigative Journalism has published a list of some of the articles edited by Bell Pottinger, asserting that it has "evidence [which shows] the company made hundreds of alterations to Wikipedia entries about its clients in the last year". Among those included in the list are Chime Communications, the parent company of Bell ...
Cash-flow insolvency involves a lack of liquidity to pay debts as they fall due. Balance sheet insolvency involves having negative net assets—where liabilities exceed assets. Insolvency is not a synonym for bankruptcy, which is a determination of insolvency made by a court of law with resulting legal orders intended to resolve the insolvency.
The Good Relations Group, owned by Chime Communications Limited, has 215 staff, 172 based in the UK. [7] As well as Good Relations, the group also includes agencies Harvard, MMK and Ptarmigan; some regional offices of Bell Pottinger Group were also rebranded as Good Relations following Bell Pottinger's MBO in June 2012.
Bell Atlantic Corp. v. Twombly, 550 U.S. 544 (2007), was a decision of the Supreme Court of the United States involving antitrust law and civil procedure.Authored by Justice David Souter, it established that parallel conduct, absent evidence of agreement, is insufficient to sustain an antitrust action under Section 1 of the Sherman Act.
Creditors take a decision at a creditors' meeting called to consider the IVA proposal. The return to creditors is often higher than they would receive in bankruptcy. A vote is taken – by value. 75% in value of those creditors who vote at the meeting by person or by proxy must agree in order for the arrangement to be approved.