Archive for August 2024

The presentation of a Winding-Up Petition can have devastating consequences for your company. If not addressed swiftly and appropriately, it can tarnish your business’s reputation and, in the worst-case scenario, lead to its demise. Faced with a statutory demand for debt, your company must act fast to prevent the presentation of such a petition. At…

Late payments can cause significant distress to small business owners, from disrupting cash flow to hindering future growth. New research reveals a 20% increase in businesses waiting over 80 days for payments, illustrating an escalating issue that can transform a simple financial hiccup into a financial nightmare. The Impact of Late Payments The consistent delay…

Insolvency & Law Ltd sits on the Creditors Committee for the Administration and now Liquidation of Castle Trust & Management Services Ltd (CTMS). Our dedication to advocating for the HSG Loan Note Holders and other related parties remains steadfast. Despite facing numerous challenges and occasional detours. Our Commitment and Challenges From the onset, we have…