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Insolvency & Law Blog

Portsmouth Defeat HMRC in Landmark Legal Case

By admin | Aug 20, 2010 | Comments Off on Portsmouth Defeat HMRC in Landmark Legal Case

As I mentioned in an earlier blog, the reason most football clubs are facing financial difficulties is simple: their expenses…

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Rise in businesses surviving the recession? Load of rubbish!

By admin | Aug 17, 2010 | Comments Off on Rise in businesses surviving the recession? Load of rubbish!

The British Government is perhaps one of the biggest costs to UK plc. During the 2007 bank bailout, Her Majesty’s…

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What is an Insolvency Practitioner?

By admin | Aug 10, 2010 |

An insolvency practitioner (IP) has several roles and under the Insolvency Act 1986 can act as a liquidator, administrator, nominee…

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How Do You Protect Yourself as a Director When Your Company Has Been Liquidated?

By admin | Aug 5, 2010 | Comments Off on How Do You Protect Yourself as a Director When Your Company Has Been Liquidated?

After a company is liquidated either through a Creditors Voluntary Liquidation (CVL) or compulsorily winding up by the court, the…

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How Do You Issue a Winding Up Petition?

By admin | Aug 5, 2010 | Comments Off on How Do You Issue a Winding Up Petition?

A Winding Up Petition (WUP) is the most serious action that can be taken against a company and usually is…

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JJB Sports Complete Company Voluntary Arrangement

By admin | Jul 27, 2010 | Comments Off on JJB Sports Complete Company Voluntary Arrangement
JJB Sports Company Voluntary Arrangement

JJB Sports owners are ‘delighted’ to have concluded their company voluntary arrangement (CVA) last month. The sports equipment retailer entered…

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To Sell or Not to Sell: When is a Good Time to Cash In on Your Assets?

By admin | Jul 22, 2010 | Comments Off on To Sell or Not to Sell: When is a Good Time to Cash In on Your Assets?

If you’ve been served with a winding up petition, selling your assets should be seriously considered as a viable option…

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