Receivership involves the process of the appointment of a receiver who will gain control over the company and seize certain assets, sell them off, and repay debts with funds raised.  While no longer as common [...]

Being issued a statutory demand is a stressful time for any business owner — with potential legal fees and the threat of liquidation looming, it can be difficult to know where to turn.  However, [...]

Being served a statutory demand can be a stressful situation to be put in — however, the process of challenging a statutory demand can be just as testing and complicated, especially without the required knowledge.  [...]

A director of a company entering into administration will be faced with a number of serious issues that will need resolving in the weeks and months to come. Dealing with the contracts of employees, and [...]

Company voluntary arrangement procedures are a common method for struggling businesses to attempt to regain control of their finances, repay their creditors, and reposition themselves for continued success.  It should be noted that with a [...]

Company Voluntary Arrangements (CVAs) and Administration are both business recovery tools that can help a firm in financial difficulty turn around its fortunes. Their goal is to give company directors much-needed breathing space and offer [...]

Partnership Voluntary Arrangements (PVAs) can act as extremely useful methods of business recovery. They are similar to a Company Voluntary Arrangement (CVA), in that they seek to arrange a deal between a firm that is [...]

The consequences of a winding up petition can be incredibly serious if no action is taken, meaning it is essential for you to know exactly how to act should one land on your doorstep. Failing [...]