Posts Tagged ‘Administration’
Miss Sixty Judge Calls for Improved Insolvency Practitioner Regulation
In July, I suggested there should be an urgent review of how insolvency practitioners (IPs) are regulated and following a high-profile complaint by a judge it has become evident there are many others who share this opinion. Earlier this month, during an appeal against a Company Voluntary Agreement (CVA) for Sixty UK – owners of…
Read MoreInsolvency Practitioners to be Independently Regulated – About Time
Last week, the Office of Fair Trading (OFT) released a report criticising the insolvency industry and calling for the establishment of a complaints body to regulate practitioners. The report found that, on average, insolvency practitioners (IPs) earn fees of up to 20pc of the assets available when firms are wound up. A large part of…
Read MoreRMJ Administration Boils Down to Facts and Law
It’s sad to hear the Refugee and Migrant Justice (RMJ) charity has gone into administration. RMJ Chair Paul Gray says 10,000 asylum seekers and migrants – 900 of them children – could be left without legal representation.
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