INSOLVENCY & LAW
Insolvency & Law Articles
Beware of the mini-bond market
A mini-bond is a niche type of unregulated investment that you don’t hear about too often. But here at I&L,…
Police and financers warn of online bank fraud
Bank customers lost a record £1.3 billion to online scams last year, according to lobby group UK Finance. In 2021,…
Prepare for the zombie company storm
Directors and business owners should expect to see the beginning of the pandemic fallout during the second half of 2022.…
Is the director disqualification process futile?
In March 2022, P&O Ferries’ chief executive Peter Hebblethwaite brutally dismissed 800 workers without the consultation required under UK law.…
Dark Side of Liquidation
When a limited company enters liquidation, for whatever reason, revenue from the sale of the company’s assets is redistributed amongst…
FCA and FSCS: “Investors should do more research”
A survey by the Financial Services Compensation Scheme (FSCS) and Financial Conduct Authority (FCA) found that many investors avoid doing…
How to avoid the debt tsunami
According to the Insolvency Service, there was a 115% increase in corporate insolvencies last month, compared to the same period…
How to obtain winding-up orders and petitions in 2022
Following the lifting of the Government’s CIGA 2020 restrictions last month, creditors are once again free to present winding-up petitions…
Beware the professional enabler
A lawyer, finance expert, or some other professional who acts as an enabler of an economic crime is referred to…
Insolvency and debt recovery specialists
Last month, the Government lifted the insolvency restrictions introduced to combat the Covid-19 pandemic. In particular, the repeal of Section…
Increase in IVAs and personal insolvencies
Personal insolvencies increased dramatically in the first quarter of 2022, according to the latest Government figures. Between January and March,…
Solutions for profitable but insolvent companies
If you’re the director of an insolvent but profitable company, now is the perfect time to consider your options. Why?…
Sunak’s Fraud Squad targets Bounce Back Loan abuse
Last week, the Government launched ‘The Fraud Squad.’ Sounds a bit like a blockbuster movie…but it’s actually a serious venture…
Government targets Bounce Back Loan abusers
Accused of misconduct, misfeasance, or some other wrongdoing? If so, you’d be wise to carefully consider your options moving forward.…
Director disqualification for dodgy wine dealer
Earlier this month, former wine investor William Geoffrey Mason received a 10-year company director disqualification. An Insolvency Service investigation found…
Consumers warned over pre-paid energy scams
Britain’s leading fraud prevention service, Cifas, has warned gas and electricity customers to avoid pre-paid energy scams disguised as discounted…