INSOLVENCY & LAW
Insolvency & Law Articles
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 on suppliers who raise prices…
Insolvency Lawyer Issues UK Court Summons via Facebook
A lawyer has used Facebook to serve a court summons, in what experts claim is the first case of its…
Sports Celebrities Snookered by Management Firm Liquidation
The liquidation of a management firm whose clients included sports stars such Ronnie O’Sullivan, Stephen Hendry and Olympic gold-winning cyclist…
Johnson Matthey Bank Bailout Fraudster Jailed After 25 Years
A fraudster linked to the spectacular collapse of Johnson Matthey Bank (JMB) has been jailed in London for 16 months…
HMRC vs English Football: The Battle Rages On
English football clubs owed more than £22m in overdue tax to HM Revenue and Customs (HMRC) in 2010, according to…
Corporate Insolvencies to Drop Following Appeal Court Ruling
A ruling by the Supreme Court in London could lead to a reduction in corporate insolvencies and stop creditors from…
Office of Fair Trading’s Insolvency Recommendations are Long Overdue
Last month, the Insolvency Service released a review paper on the regulation of insolvency practitioners (IPs) and asked the public…
Top UK Director Sir Clive Thompson Facing Disqualification Proceedings
The Insolvency Service (IS) is to launch disqualification proceedings against one of Britain’s leading businessmen, Sir Clive Thompson, over his…
Small Business Owners Must Think Smart to Beat Inflation and VAT Increase
The findings of last week’s Bank of England review suggest interest rates are likely to rise over the next 12…
Struggling Business Owners Will Act Swiftly, If They Are Smart
In December, I warned that company insolvencies would soar over the next 12 months. Now, new research suggests that one…
R3 Wrong to Blame Cable’s Insolvency Service for Fall in Company Director Disqualifications
The UK’s leading professional association for insolvency and business recovery specialists, R3, claims dodgy company directors are escaping punishment because…
Premier League and HMRC Court Battle Set for 15 February
Next month, HMRC and the Football Association Premier League will battle in court over the taxman’s claim that the ‘football creditor…
Remedies for Struggling Directors: CVAs and Renegotiating with Creditors
Company directors experiencing financial difficulties often consider terminating agreements and contracts to reduce the burden of their debts. A director in…
Directors are Wrong to Think They Can Avoid Taxman
The 10-year prison sentence a Yorkshire woman recently received for her part in a VAT scam described as ‘brazen and…
Section 127 of the Insolvency Act: Stop Spending If You Receive a Winding Up Petition
If you’re a business owner and expecting difficult financial times ahead, now’s the time to educate yourself on insolvency legislation…
What’s More Important: Managing Debt or Bad Practice?
Last year, I advised a company that went bust owing £100,000. The Insolvency Service sought to have the company’s director…