Archive for September 2023
Beware of Dubious Property Investment Schemes: A Warning for Law Firms and the Public
In recent years, fraudulent investment schemes have been evolving at an alarming rate, posingsignificant risks to both the public and law firms unwittingly involved in them. As scams adapt toprevious warnings, it becomes essential for all law practitioners to read and heed the followingwarning notice. This blog post aims to shed light on the dangers…
Read MoreDirector’s: Compensation Orders and Liquidation Factories
Under the umbrella of Directors Misfeasance, the nuances of compensation orders, directors’disqualification, and liquidation factories is key. In this blog post, we’ll delve into thesecomplex topics to shed light on their implications and strategies for navigating them as best as possible. Understanding Compensation Orders Compensation orders are not a common occurrence, mostly arising when individuals,…
Read MoreNavigating Bounce Back Loans: Director Disqualification
During and since the Covid-19 Pandemic, Bounce Back Loans have been a lifeline for many strugglingbusinesses. But their misuse can lead to severe consequences for directors and companies alike. Inthis blog post, we’ll delve into the complexities surrounding these loans, the potential pitfalls, andthe importance of responsible financial management. Understanding Bounce Back Loans Bounce Back…
Read MoreNavigating the Overdrawn Director’s Loan Account in Insolvency
Directors, regardless of their company ownership, must walk a fine line when it comes to drawingmoney from their businesses. Understanding the intricacies of Overdrawn Directors Loan Accounts(ODLA) is crucial. This blog will delve into the ins and outs of ODLAs, providing insight into theirimpact on directors and the legal ramifications they can entail. As a…
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