Insolvency & Law Blog

The Cost of Living Crisis

By forumadmin | Nov 15, 2022 | Comments Off on The Cost of Living Crisis
cost of living crises

The current cost of living crisis needs no introduction. Everyone is feeling it. You go to the supermarket only to…

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Consider investment fraud victims

By admin | Oct 23, 2022 | Comments Off on Consider investment fraud victims
Victims of unregulated investment schemes and other financial frauds are frequently overlooked

It is somewhat common knowledge that white-collar criminals regularly dupe innocent investors into handing over their hard-earned cash. During the…

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Appeal court win for company directors

By admin | Oct 16, 2022 | Comments Off on Appeal court win for company directors
The appeal court rejected BTI's claim upholding the notion that directors have no duty to consider creditors until insolvency is looming

The UK Supreme Court recently dismissed a claim for a law change that would force company directors to take creditors…

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What are recovery room scams?

By admin | Oct 13, 2022 | Comments Off on What are recovery room scams?
Fraudsters target investors who've lost money by pretending to be an official who will help them recover the money

A recovery room scam occurs when scammers falsely present themselves as insolvency professionals to recover funds lost in a failed…

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Insolvencies jump 43%

By admin | Oct 12, 2022 | Comments Off on Insolvencies jump 43%
A 43% increase in insolvencies in August 2022 is bad news for UK business owners

Startling new statistics have revealed the number of insolvent companies jumped by a staggering 43% in August 2022. Although high…

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Mediation compulsory for County Court claims

By admin | Sep 14, 2022 | Comments Off on Mediation compulsory for County Court claims
The Ministry of Justice has announced plans for mandatory mediation sessions for small claims under £10,000. Compulsory mediation will be introduced into all County Court claims if the scheme is successful…

The Ministry of Justice (MoJ) recently announced plans to introduce compulsory mediation sessions for County Court claims valued under £10,000.…

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Options for a profitable but insolvent company

By admin | Sep 13, 2022 | Comments Off on Options for a profitable but insolvent company
Administration and company voluntary arrangement (CVA) are useful alternatives to liquidating a profitable company

As reports of company insolvencies come streaming in, it’s important for directors to weigh up business rescue options in advance.…

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