Administration
The 79th Group: When Law Meets Accountability
The story of The 79th Group is no longer just about a failed investment scheme. It is about what happens to ordinary people when the system that should protect them instead pushes them to the margins. Behind every claim is someone who trusted, someone who saved, someone now facing the consequences of a collapse they…
Read MoreKroll Advisory’s Misguided Block on Creditor Justice
Why Assignments Matter When a company fails, individual creditors often lack the leverage to influence what happens next. By assigning their rights to a specialist like Insolvency & Law, creditors can combine their claims, speak with one voice, and ensure their interests are not sidelined. For loan note holders, this collective mechanism is often the…
Read MoreThe 79th Group Administration: What It Means for You
Over the past few weeks, a wave of The 79th Group companies has collapsed into formal administration, putting millions of pounds of Loan Note Holders capital at risk. If you hold a loan note with any of these companies, the decisions being made right now will determine whether you recover anything at all. Administrators are…
Read MoreHow to protect yourself in an unregulated investment
Sometimes when an investment goes wrong, you can be left feeling really isolated, powerless, and hopeless. You may think: “How can I, one individual, fight this?” But few creditors are aware of the power they can obtain simply by uniting with others – because unity is strength. So, we’re here to shed some light on…
Read MoreDirector disqualification and misconduct
Careless, deceitful, and delinquent company directors can expect to face disqualification proceedings if their actions cause creditors to suffer financial loss. Disgruntled shareholders and creditors (the people and businesses you owe) may take action against a director suspected of misfeasance or another serious transgression. However, a licensed insolvency practitioner (IP) usually instigates Director Disqualification Proceedings.…
Read MoreBusiness rescue advice: administration vs CVL
When directors resolve not to rescue an insolvent company, an insolvency practitioner (IP) may recommend placing the company into administration. However, in many instances a creditors’ voluntary liquidation (CVL) would be a more suitable insolvency procedure. Whereas companies remain in administration for at least 12 months, CVLs usually take less time and therefore incur fewer…
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