INSOLVENCY & LAW
Insolvency & Law Articles
A Winding UP Petition Doesn’t Have to Signal the End of Your Business
The vast majority of winding up petitions heard in British courts over the past 12…
Doomed Businesses Reliant Upon Public Sector Only Have Themselves to Blame
A new study by insolvency trade body R3 has found that almost 10% (148,000) of…
Creditors Need to be Empowered in Company Voluntary Arrangements
Company Voluntary Arrangements (CVA) can make creditors feel alienated and powerless, so they tend to…
Take Control of Your Business before Creditors Do
If your business is in financial trouble, the earlier you address the problem, the more…
David’s Cameron’s Insolvency Law U-Turn Will Please Creditors
It remains to be seen why David Cameron has made a u-turn over plans to…
Winding Up Petitions Are the Way Forward for Creditors
In recent years, it has become popular for creditors to issue winding up petitions as…
How Inland Revenue Use Winding Up Petitions to Collect Tax
I have said before that an increasing number of organisations are using winding up petitions…
Time To Pay Arrangements Can Do More Harm Than Good
According to the most recent figures available, around 200,000 businesses have entered Time To Pay…
Miss Sixty Judge Calls for Improved Insolvency Practitioner Regulation
In July, I suggested there should be an urgent review of how insolvency practitioners (IPs)…
Portsmouth Defeat HMRC in Landmark Legal Case
As I mentioned in an earlier blog, the reason most football clubs are facing financial…
Rise in businesses surviving the recession? Load of rubbish!
The British Government is perhaps one of the biggest costs to UK plc. During the…
What is an Insolvency Practitioner?
An insolvency practitioner (IP) has several roles and under the Insolvency Act 1986 can act…
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…
How Do You Issue a Winding Up Petition?
A Winding Up Petition (WUP) is the most serious action that can be taken against…
JJB Sports Complete Company Voluntary Arrangement
JJB Sports owners are ‘delighted’ to have concluded their company voluntary arrangement (CVA) last month.…
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…