Business insolvency processes - the key points, pros and cons listed in this handy one-page table Download here (pdf): Insolvency comparison - for businesses Or, for a more in-depth overview on each of these insolvency procedures, scroll...
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Latest company and individual insolvency statistics remain low overall, but administrations increase by 25% in July 2020 following the failure of two corporate groups. The latest monthly release of insolvency statistics for England and Wales was...
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Despite various business-saving measures, as the COVID-19 crisis continues, it’s increasingly likely that more businesses may confront the realities of insolvency. If your employer is unable to pay creditors it may have to enter a formal...
Read more...The short answer is “No”, but the long answer is “Yes, it is possible but care needs to be taken to follow the rules or you may face criminal proceedings and become personally liable for the new company’s liabilities”. S.216 of the...
Read more...With Blockbuster following HMV, Jessops and Comet into Administration in the last three months with the loss of thousands of jobs and the threat of further job losses in the retail sector there has been considerable news coverage given to the fate...
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