INSOLVENCY & LAW
Insolvency & Law Articles
Due diligence, the best remedy for cons and scams
Navigating the world of investments is no mean feat. It’s almost like walking through a beautiful bazaar with lots of…
Navigating the world of scam investments
Trying to understand the world of investments sometimes feels like wading through a minefield. Frankly, it can be a little…
When sweet investments turn sour
Let’s set the scene. You were dazzled by a shiny investment prospect. The promise of returns were high, and the…
Bernie Madoff and the lure of Ponzi Schemes
If you’re interested in savings and investments, you’ve probably heard of American fraudster Bernie Madoff, the man responsible for the…
Beginner’s Guide to Corporate Insolvency
– Business Guide – A beginner’s guide to ‘Corporate Insolvency’ that will make the difference when facing tough business decisions.…
Director disqualification and misconduct
Careless, deceitful, and delinquent company directors can expect to face disqualification proceedings if their actions cause creditors to suffer financial…
Laws for winding up orders need more clarity
Entrepreneurial small business owners should be overjoyed with Government plans to increase the debt threshold for winding-up petitions to £10,000.…
Directors guilty of BBL abuse face disqualification
A few months back, we protested the Insolvency Service’s decision to chase the owners of failed businesses for failing to…
Hardship for 100,000 SME construction firms
Almost 100,000 small to medium-sized enterprises (SMEs) in the construction industry faced serious money problems in the first quarter of…
Why chase failed SMEs for unpaid Bounce Back debt?
The Insolvency Service recently announced plans to investigate business owners who close down companies without repaying the government’s Bounce Back…
Avoiding misfeasance claims in 2021
As the UK struggles to revive its debilitated economy, some directors of insolvent companies will find it difficult to avoid…
Tips for bankrupts and bankruptcy in 2021
Considering the state of the UK economy, it should come as no great surprise if there’s an increase in the…
Lenders may seek aid for Covid-19 losses
Although the UK government’s primary focus must be to maintain and kick-start our ravaged economy, a colossal challenge involving mortgage…
Liquidation advice for creditors in a CVL
In a creditors’ voluntary liquidation (CVL), the liquidator / insolvency practitioner (IP) turns the insolvent company’s assets into cash, and…
Creditors vulnerable without winding-up petitions
The UK Government’s decision to extend the temporary restrictions on statutory demands and winding-up petitions for Covid-19 related debts until…
Business 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.…