INSOLVENCY & LAW
Insolvency & Law Articles
Post-Covid-19 termination clauses
One of the most controversial proposals in the Corporate Insolvency and Governance Act is the…
Pros and cons of the moratorium procedure
Under the provisions of the Corporate Insolvency and Governance Act 2020, struggling companies can be…
Mistakes to avoid when issuing a Winding Up Petition
When issuing a Winding Up Petition, it’s integral that every piece of information that identifies…
How to deal with disputed invoices
Dealing with disputed invoices can be challenging, especially if your customer is squabbling simply to…
123 Pay: Business document review
Insolvency and Law’s latest offering, 123 Pay, is a credit management service that reviews your…
Stat Ds and undisputed, but overdue invoices
Issuing a Statutory Demand (or Stat D) is an effective way to encourage prompt payment…
CCJs, winding-up petitions and undisputed debts
Sometimes, you may need to issue a County Court Judgment (CCJ) or a Winding-Up Petition…
CVA bubble bursts for Bury FC creditors
Creditors and fans of Bury FC learned a harsh lesson about Company Voluntary Arrangements (CVAs)…
What do you know about misfeasance?
Although I&L‘s clients are mostly creditors, some of our work involves supporting, defending and representing…
How to react to a HMRC winding-up order
Being served with a Winding-up Petition from Her Majesty’s Revenue and Customs (HMRC) is a…
Tips for collecting long-standing debts
Earlier this year, I&L received a phone call from a distressed subcontractor (subbie). They claimed…
CVL boost in England leads to 5-year insolvency high
Between April and June 2019, the number of companies entering insolvency procedures reached a 5-year…
Statutory Demand vs Pre-action letter
Pre-action letters and Statutory Demands (also known as Stat Ds) are useful tools for chasing…
Young and middle-aged women leading on insolvencies
The number of women entering insolvency procedures jumped from 30% to 54.3% between 2000 and…
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…
HMRC’s Return to Crown Preference is Unfair
Expect more companies to go bust from April 2020, unless the government halts plans to…