Insolvency & Law Blog

Comet Administration a Wakeup Call for Zombie Companies

By | Nov 29, 2012 | Comments Off on Comet Administration a Wakeup Call for Zombie Companies
Comet falls into administration

In December 2010, I warned that struggling businesses that relied on Christmas trade to maintain solvency were asking for trouble.

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Dodgy Football Fat Cats like Peter Ridsdale Must Be Punished

By | Nov 22, 2012 | Comments Off on Dodgy Football Fat Cats like Peter Ridsdale Must Be Punished
Banned Director Peter Risdale

Last month, the Insolvency Service banned football club chairman Peter Ridsdale (pictured) from holding company directorships for seven-and-a-half years. Under…

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HMRC Exhausted from Issuing Winding-Up Petitions

By | Nov 22, 2012 | Comments Off on HMRC Exhausted from Issuing Winding-Up Petitions
HMRC exhausted from issuing winding up petitions

Last month’s revelation that HMRC resources are stretched so thinly the tax collector is no longer able to supply insolvency…

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HMRC Targets SMEs, But Ignores Corporate Tax-Dodgers

By admin | Jun 24, 2011 | Comments Off on HMRC Targets SMEs, But Ignores Corporate Tax-Dodgers

Restaurateurs and other small business owners are being targeted by HM Revenue & Customs (HMRC) as part of a national…

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Why Didn’t Insolvency Service Prosecute MG Rover’s Phoenix Four?

By admin | Jun 14, 2011 | Comments Off on 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 company spiralled into administration, should…

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£200,000 Chantrey Vellacott Thief Should Have Gone to Prison

By admin | Jun 6, 2011 | Comments Off on £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 put the money into his…

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How to Protect Customer Deposits Without New Legislation

By admin | Jun 1, 2011 | Comments Off on How to Protect Customer Deposits Without New Legislation

Britain must have new legislation to ensure cash from deposits and voucher sales is returned to customers when a retailer…

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