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Company directors, insolvency and moratoriums

Under the provisions of the Corporate Insolvency and Governance Act 2020, struggling companies can be placed into a new statutory insolvency procedure. But what are the pros and cons of the moratorium? The moratorium provides up to 40 business days of protection from creditors. This should be ample time to secure additional investment and remodel…

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How should builders and tradesmen collect overdue debts?

According to figures released by the Office of National Statistics, the building and construction industry contracted 1.9% in the third quarter of 2015, which suggests contractors will be tightening their belts this year as the market becomes more competitive. This is particularly bad news for roofers, plumbers and other subcontractors (‘subbies’). Why? Because in a…

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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. http://legalawards.lawyer-monthly.com/ “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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