If you’re looking to retire and take reserves out of your company, a Members Voluntary Liquidation may be the best strategy Economic downturns are often seen as a time of opportunity for those willing to face the challenge head on. Contemporary...
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Claims for financial support may be deemed fraudulent if the company was already in trouble when making claims and then later enters into an insolvency process. Insolvency practitioners (IPs) have been advised to remain alert to potentially...
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GUEST ARTICLE: Our colleagues at insurance recovery specialists, Flag Partners, share their insights on insurance coverage issues relating to the Coronavirus. We have had a number of enquiries regarding business interruption insurance coverage due...
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The impact of COVID-19 could be devastating for many businesses. In these unprecedented times, business owners are facing a myriad of challenges – how to balance employee welfare with the needs of the business and managing cashflow when clients...
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Budget 2020 confirmed a number of measures affecting small business including: The date from which HMRC will regain its secondary preferential creditor status for insolvencies has been extended to 1 December 2020 (as opposed to 6 April 2020)....
Read more...Did you know that we publish a regular business round-up? A regular weekly magazine reporting on the latest business and insolvency news. Sign-up below to get the headlines sent to your inbox or click here to read the latest...
Read more...It is hard to avoid the negative press surrounding what or will not happen regarding Brexit. The truth is that no one can be really sure what the outcome will be but during these times of economic tension giving your company a bit of a health check...
Read more...Nicole Southwell, Director at Shenfield-based insolvency practitioners, Bretts Business Recovery, argues that the Government should do more to ensure those who enjoy the protection of the corporate veil are suitably qualified to do so. In my...
Read more...Often, after a company has gone bust, it would appear to the outside word that the director of that company simply starts up again and trades using the same or similar name as the defunct company. The director does this by incorporating a phoenix...
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