Insolvency & Law Blog

Dark Side of Liquidation

By admin | Jun 15, 2022 | Comments Off on Dark Side of Liquidation
Support for unsecured creditors in liquidations is scarce

When a limited company enters liquidation, for whatever reason, revenue from the sale of the company’s assets is redistributed amongst…

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FCA and FSCS: “Investors should do more research”

By admin | Jun 1, 2022 | Comments Off on FCA and FSCS: “Investors should do more research”
FCA and FSCS say investors must conduct more research to protect themselves against online scams

A survey by the Financial Services Compensation Scheme (FSCS) and Financial Conduct Authority (FCA) found that many investors avoid doing…

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How to avoid the debt tsunami

By admin | May 27, 2022 | Comments Off on How to avoid the debt tsunami
A rise in corporate insolvencies in 2022 suggests that business are facing a tsunami of post-pandemic debt

According to the Insolvency Service, there was a 115% increase in corporate insolvencies last month, compared to the same period…

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How to obtain winding-up orders and petitions in 2022

By admin | May 27, 2022 | Comments Off on How to obtain winding-up orders and petitions in 2022
Advice and guidance on the serving, issuing, and obtaining of winding-up petitions and orders

Following the lifting of the Government’s CIGA 2020 restrictions last month, creditors are once again free to present winding-up petitions…

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Beware the professional enabler

By admin | May 17, 2022 | Comments Off on Beware the professional enabler
Professional enablers facilitate economic crime and crime systems

A lawyer, finance expert, or some other professional who acts as an enabler of an economic crime is referred to…

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Insolvency and debt recovery specialists

By admin | May 17, 2022 | Comments Off on Insolvency and debt recovery specialists
Insolvency & Law successfully obtained winding up orders whilst the Government's insolvency restrictions were in place

Last month, the Government lifted the insolvency restrictions introduced to combat the Covid-19 pandemic. In particular, the repeal of Section…

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Increase in IVAs and personal insolvencies

By admin | May 17, 2022 | Comments Off on Increase in IVAs and personal insolvencies
Bankruptcies fall, but individual voluntary arrangement (IVA) and personal insolvency procedures increase in the first quarter of 2022

Personal insolvencies increased dramatically in the first quarter of 2022, according to the latest Government figures. Between January and March,…

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