INSOLVENCY & LAW
Insolvency & Law Articles
Informal Corporate Insolvency Debt Costs Creditors £5bn Every Year
An investigation into millions of collapsed British companies has found that every year, around £5bn…
Insolvency Regulation in Desperate Need of a Revamp
In July 2010, I called for an urgent review of insolvency regulation, and more than…
Comet Administration a Wakeup Call for Zombie Companies
In December 2010, I warned that struggling businesses that relied on Christmas trade to maintain…
Dodgy Football Fat Cats like Peter Ridsdale Must Be Punished
Last month, the Insolvency Service banned football club chairman Peter Ridsdale (pictured) from holding company…
HMRC Exhausted from Issuing Winding-Up Petitions
Last month’s revelation that HMRC resources are stretched so thinly the tax collector is no…
HMRC Targets SMEs, But Ignores Corporate Tax-Dodgers
Restaurateurs and other small business owners are being targeted by HM Revenue & Customs (HMRC)…
Why Didn’t Insolvency Service Prosecute MG Rover’s Phoenix Four?
The former directors of MG Rover Group (MGRG), who pocketed over £40 million as the…
£200,000 Chantrey Vellacott Thief Should Have Gone to Prison
Garry Hacker, an insolvency practitioner who stole over £200,000 from clients and insolvency estates and…
How to Protect Customer Deposits Without New Legislation
Britain must have new legislation to ensure cash from deposits and voucher sales is returned…
Premier League Boss Tries and Fails to Defend Football Insolvency Rules
Premier League head Richard Scudamore has attempted to defend the football creditors’ rule, following a…
Government’s Pre-Pack Administration Reforms Too Soft
A few weeks ago, the Parliamentary Under-Secretary of State responsible for the insolvency regime, Ed…
David Cameron Paves Way for HMRC to Target PAYE and NIC Dodgers
From April 2012, HM Revenue and Customs (HMRC) will require a security from employers if…
Insolvency Practitioners’ Campaign against Energy Firms and Suppliers is Pointless
Britain’s leading professional association for insolvency and business recovery specialists has launched an astonishing attack…
Insolvency Lawyer Issues UK Court Summons via Facebook
A lawyer has used Facebook to serve a court summons, in what experts claim is…
Sports Celebrities Snookered by Management Firm Liquidation
The liquidation of a management firm whose clients included sports stars such Ronnie O’Sullivan, Stephen…
Johnson Matthey Bank Bailout Fraudster Jailed After 25 Years
A fraudster linked to the spectacular collapse of Johnson Matthey Bank (JMB) has been jailed…