Unilad owner to be placed in administration amid 'debts'

Unilad, the social-first publisher, is to be placed in administration as its current owners battle a series of financial challenges.Judge Clive Jones heard that directors of the British company, who had previously argued against the appointment of administrators, had now agreed to the process.The company behind Unilad is Bentley Harrigan, which took over in 2014 after snapping up a majority stake from Alex Partridge, who founded the site in 2010.