INSOLVENCY & LAW
Insolvency & Law Articles
Young and middle-aged women leading on insolvencies
The number of women entering insolvency procedures jumped from 30% to 54.3% between 2000 and 2018, according to new figures…
Why pre-action or letters before action are essential
When chasing a business or person for a debt, it’s usually a good idea to send a letter before action…
HMRC’s Return to Crown Preference is Unfair
Expect more companies to go bust from April 2020, unless the government halts plans to make HM Revenue & Customs…
Landlords must reduce rates or face high street exodus
The future looks bleak for British landlords, especially those renting in town centres and cities because everyone knows our high…
Prepare your business for Brexit, deal or no-deal
Irrespective of who becomes the UK’s next Prime Minister, it’s essential that business owners prepare for Brexit. Cynical business leaders…
Pros and cons of CVAs for debtors and creditors
Office Holdings, owner of Office and Offspring shoe shops, is said to be the latest high-profile retailer to consider entering…
Congratulations to Arcadia’s CVA creditors
Creditors of a business that has recently entered a company voluntary arrangement (CVA) would be wise to follow the example…
Blame bad management, not Brexit for insolvencies
Corporate insolvencies are on the rise, but why? Some ‘experts’ have been quick to associate Brexit with the collapse of…
New reforms are great, but who protects unsecured creditors?
In a controversial speech to the Insolvency Practitioner’s Association earlier this year, Court of Appeal judge Lord Justice Jackson (best-known…
Did Sir Philip Green asset-strip BHS and cause its collapse?
Giving evidence to a government inquiry recently, Sir Philip Green claimed to have worked diligently to avoid one of his…
Insolvency & Law Shortlisted for “Insolvency and Restructuring Firm of the Year 2016″ award
London-based magazine Finance Monthly, which is distributed to more than 100,000 readers across the globe, recently shortlisted Insolvency & Law…
Why winding up petitions are more efficient than county courts
We recently spoke with a client who for the previous three months had been chasing a customer with an outstanding…
How to ensure your winding up petition is not dismissed or withdrawn
Some time ago, we presented a winding up petition to a company that owed one of our clients £50k. Upon…
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…
Construction sector suffers the most as UK SME’s are owed £67bn in unpaid invoices.
According to a report published by the ABFA (Assets Based Finance Association) the UK SME’s are owed over £67.4billion in…
Small Business Commissioner to help firms recover billions of pounds from late payments
The government is planning a big shake up in the world of small business debt. Anna Soulby (Minister of Small…