Archive for December 2012
Olympics 2012 Builder’s CVA is Attempt to Hide Insolvency
A construction firm that helped build the London 2012 athletes’ village has been forced to file for a Company Voluntary Arrangement (CVA), just three months after the Olympics.
Read MorePoor Policing Leaves HMRC Exposed
I strongly disagree with the Insolvency Service’s recent claim the organisation ‘…does not hesitate to punish irresponsible directors.’
Read MoreInformal Corporate Insolvency Debt Costs Creditors £5bn Every Year
An investigation into millions of collapsed British companies has found that every year, around £5bn of unpaid ‘hidden debt’ is left behind by businesses that close down without going through any formal insolvency procedure.
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