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Posts Tagged ‘creditors voluntary liquidation’

Insolvency & Law Shortlisted for “Insolvency and Restructuring Firm of the Year 2016″ award

Insolvency and Restructuring Firm of the Year

London-based magazine Finance Monthly, which is distributed to more than 100,000 readers across the globe, recently shortlisted Insolvency & Law (I&L) in the category of British ‘Insolvency and Restructuring firm of the year, as part of the  eighth annual Finance Monthly Global Awards. To celebrate the nomination, below, I&L director Peter Murray shares his thoughts…

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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 a Creditors Voluntary Liquidation (CVL) process. A CVL is perhaps more popular than a Compulsory Liquidation as it allows directors to put a company into liquidation with their shareholders’ approval and permission from creditors. If…

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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 up by the court, the actions of the directors during the previous 12 months usually come under  careful  scrutiny. If the liquidator (or official receiver) believes the director(s) in question did not act in accordance with their duties, they can…

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