Insolvency & Law Blog

How to make the most of creditors’ meetings (part 2)

By admin | Sep 4, 2020 | Comments Off on How to make the most of creditors’ meetings (part 2)
Creditors must be proactive in creditors' meetings

Creditors in a statutory insolvency procedure must request and attend a physical creditors’ meeting if they want to assert any…

Read More

Tips for creditors in a company voluntary arrangement

By admin | Aug 12, 2020 | Comments Off on Tips for creditors in a company voluntary arrangement
Creditors in a CVA should try to appoint their own supervisor

You must respond quickly if you’ve become a creditor in an insolvency procedure such as a company voluntary arrangement (CVA).…

Read More

Benefits of a CVA for directors and business owners

By admin | Jul 28, 2020 | Comments Off on Benefits of a CVA for directors and business owners
Directors and business owners can use a CVA to expand their business

A company voluntary arrangement (CVA) offers many benefits if you have a profitable company that’s been devastated by the Covid-19…

Read More

Tips for creditors in administration

By admin | Jul 27, 2020 | Comments Off on Tips for creditors in administration
Creditors must move swiftly and request ameeting of creditors

Many business owners and directors will return after lockdown to discover they’ve become creditors in a statutory insolvency procedure, most…

Read More

Benefits of a pre pack administration

By admin | Jul 22, 2020 | Comments Off on Benefits of a pre pack administration
Pre-pack administrations help directors restructure their businesses

Expect an increase in pre-pack administrations over the next 6 months as panic-stricken company directors consider their restructuring options post…

Read More

Understanding your insolvency practitioner (IP)

By admin | Jul 20, 2020 | Comments Off on Understanding your insolvency practitioner (IP)
Seek advice from an independent professional when considering any insolvency procedure

When attempting to restructure or liquidate a company you will need a strategy designed for your specific requirements and circumstance.…

Read More

How to make the most of creditors’ meetings

By admin | Jul 15, 2020 | Comments Off on How to make the most of creditors’ meetings
Creditors must be proactive in creditors' meetings

Most creditors assume they’ve lost all their money when a customer enters a formal insolvency procedure. That’s because few creditors…

Read More