INSOLVENCY & LAW
Insolvency & Law Articles
Creditors Voluntary Liquidations Will Be Popular in 2011
Thousands of struggling company owners will voluntarily close their businesses this year, and most of those that do will use…
Always Read the Small Print of Finance Agreements – the Devil’s in the Detail
Over the past year, Yorkshire businessman Keith Elliot has launched a campaign to highlight what he claims are unscrupulous banking…
New HMRC Scheme Punishes Small Businesses Owners
Up to two million small and medium sized business that fail to keep up-to-date records and are likely to pay…
Is Vince Cable Brave Enough to Take on the Insolvency Industry?
When we blogged about David Cameron’s u-turn on insolvency reform back in October, who would’ve imagined that Business Secretary Vince…
We Pay the Price When HMRC Bends Rules for Football Clubs
Accusations of corporate tax avoidance have plagued Top Shop owner Sir Philip Green and telecommunication giants Vodaphone in recent weeks,…
Corporate Insolvency to Rise in 2011, Despite Xmas Boost
Research carried out by insolvency trade body R3 has found that nearly 50 per cent of UK businesses are currently…
Insolvency Fees and Charges: Honda Dispute Highlights Need for Reform
A recent court ruling into the conduct of administrators at BDO and PKF highlights the need for an independent review…
If Your Business is in Debt, a Winding Up Petition Could Follow Sooner than You Think
Around one in five businesses in the UK are worried about the amount of debt they currently owe creditors. Whilst…
Improved Business Models, Not Foreign Players, Will Save English Football
Over the past five months, I’ve posted several blogs highlighting the need for executives and club chairmen to change their…
Winding Up Petitions Increase, But Are They Being Served Correctly?
Winding up petitions issued by creditors against firms based in Central London increased by 39 per cent in October 2010…
Why Have HMRC’s Time to Pay Schemes Plummeted? It’s All Politics, Darling
Official figures have revealed a rapid drop in the number of Time to Pay (TTP) schemes approved by HM Revenue…
Suits You Administration is a Sign of Things to Come
British clothing retailer Suits You has collapsed into administration just eight months after entering a company voluntary arrangement (CVA), which…
Is the Activroll Case Another Example of HMRC Abusing Their Powers?
It appears that a successful Scotland-based payroll company, which describes itself as one of the country’s fastest growing businesses, has…
Small Businesses Dependent on Public Sector Bank On Xmas Boost for Survival in 2011
An analysis of the government’s recent spending review suggests that George Osborne’s attempts to reduce the UK’s budget deficit of…
Liverpool FC Still on Rocky Ground Despite Buyout
Fans celebrating the takeover of Liverpool should be concerned that new owner John W Henry never offered a written guarantee…