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Tough Mudder’s European subsidiary resumes operations as administrators appointed

Staff at the European affiliate of Tough Mudder have returned to work today (Monday) after Michael Solomons and Andrew Pear of restructuring, recovery and insolvency specialists, BM Advisory LLP, were appointed joint administrators of the business.

The US wing of Tough Mudder and its UK-based European operation are now the subject of parallel bankruptcy proceedings after a standoff between the company’s co-founders, Will Dean and Guy Livingstone, and its largest lender Active Networks caused the company to cease trading.

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