The UK construction industry writes off £2bn annually of bad debt

UK Construction debt recovery

According to a report released earlier this year from Bibby Financial Services, the UK construction industry has a very serious problem managing its bad debts. Just over 70% of small, medium and large UK construction firms write off an average of £10,000 per year. Often firms have to write off the debt completely, settle with…

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Rugby super league team issued a creditors winding up petition

creditors winding up petition

It appears that top flight sports teams are not immune to becoming caught up in Insolvency proceedings. Salford City Reds or the Red Devils as known by rugby fans, who currently sit mid table of the Rugby Super League, have been hit with a winding up petition from creditor, Konica Minolta, and have a court…

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Insolvency & Law nominated for “Insolvency and restructuring firm of the year 2015

Insolvency & Law are proud to announce that we have been shortlisted for the prestigious “Lawyer Monthly Legal Awards 2015” in the “Insolvency and Restructuring Firm of the Year” category. “The Legal Awards” has been recognising achievement and success in the UK legal industry since 2009 and past winners of the prestigious award have…

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