INSOLVENCY & LAW
Insolvency & Law Articles
Independent Financial Advisors (IFA)
An IFA (independent financial advisor) is someone who gives unbiased advice on how to invest in financial products across the…
Food Sector on the Brink of Collapse
There were warnings this week that the food sector is on the brink of collapse. The governments Autumn budget really…
The Cost of Living Crisis
The current cost of living crisis needs no introduction. Everyone is feeling it. You go to the supermarket only to…
Consider investment fraud victims
It is somewhat common knowledge that white-collar criminals regularly dupe innocent investors into handing over their hard-earned cash. During the…
Appeal court win for company directors
The UK Supreme Court recently dismissed a claim for a law change that would force company directors to take creditors…
What are recovery room scams?
A recovery room scam occurs when scammers falsely present themselves as insolvency professionals to recover funds lost in a failed…
Insolvencies jump 43%
Startling new statistics have revealed the number of insolvent companies jumped by a staggering 43% in August 2022. Although high…
Mediation compulsory for County Court claims
The Ministry of Justice (MoJ) recently announced plans to introduce compulsory mediation sessions for County Court claims valued under £10,000.…
Options for a profitable but insolvent company
As reports of company insolvencies come streaming in, it’s important for directors to weigh up business rescue options in advance.…
50% increase to bankruptcy and liquidation fees
Just months after lifting the temporary restrictions on winding-up petitions, the Government has revealed plans that will make it harder…
3 alternatives to liquidation for directors
A clever director will be considering their options as the number of corporate insolvencies continues to rise in 2022. Still,…
BBC expose unregulated investment scam
The BBC has shone a light on a huge investment scheme failure this week in Panorama: The Billion Pound Savings…
What makes an independent insolvency expert?
An independent insolvency expert’s job can be tough, complicated, rewarding and at times exciting. It requires the application of several…
The looming insolvency crisis
Back in May, we warned that a wave of company failures would hit UK firms in the latter half of…
McDonald’s profits as UK restaurants flounder
American fast food chain McDonald’s recently announced plans to increase the price of some items on their UK menu. In…
Are liquidation committees necessary?
Sometimes when a company is wound up via compulsory liquidation or creditors’ voluntary liquidation (CVL) a liquidation committee is formed…