INSOLVENCY & LAW
Insolvency & Law Articles
Benefits of a creditors’ committee
Creditors in a statutory insolvency procedure should establish a creditors’ committee if they want to influence proceedings, set the basis…
Understanding your insolvency practitioner (IP) Part 2
It’s fair to say the laws surrounding the insolvency regime were written largely by and for insolvency practitioners (IPs). The…
How to make the most of creditors’ meetings (part 2)
Creditors in a statutory insolvency procedure must request and attend a physical creditors’ meeting if they want to assert any…
Tips for creditors in a company voluntary arrangement
You must respond quickly if you’ve become a creditor in an insolvency procedure such as a company voluntary arrangement (CVA).…
Benefits of a CVA for directors and business owners
A company voluntary arrangement (CVA) offers many benefits if you have a profitable company that’s been devastated by the Covid-19…
Tips for creditors in administration
Many business owners and directors will return after lockdown to discover they’ve become creditors in a statutory insolvency procedure, most…
Benefits of a pre pack administration
Expect an increase in pre-pack administrations over the next 6 months as panic-stricken company directors consider their restructuring options post…
Understanding your insolvency practitioner (IP)
When attempting to restructure or liquidate a company you will need a strategy designed for your specific requirements and circumstance.…
How to make the most of creditors’ meetings
Most creditors assume they’ve lost all their money when a customer enters a formal insolvency procedure. That’s because few creditors…
Restructuring with a CVA or administration
Post lockdown, many directors will restructure their companies using insolvency procedures, most likely administration or a company voluntary arrangement (CVA).…
Insolvency solutions for directors under pressure
Post lockdown, plenty of directors will realise that placing their companies into a statutory insolvency procedure is probably their best…
Why statutory demands and petitions are essential
It can be argued that by restricting the filing of statutory demands and winding up petitions for Covid-19-realted debts, the…
Congested courts the only option for debt enforcement
While the restricted use of statutory demands and winding-up petitions will provide a lifeline for many struggling companies, the move…
Corporate Insolvency and Governance Act Explained
In the weeks ahead, the Government will attempt to stimulate Britain’s flagging economy with the introduction of the Corporate Insolvency…
Zombie companies in danger from Covid-19
In an attempt to limit the economic fallout from Covid-19, the Government is rushing through parliament the Corporate Insolvency and…
Stat demands and winding-up petitions post Covid-19
The Government’s decision to suspend the filing of Statutory Demands and Winding-up Petitions is a huge blow for creditors seeking…