INSOLVENCY NEWS & INSIGHTS
We regularly update our blog to cover the latest in insolvency news and events. Keep checking back to stay up to date with the latest developments.
Free Insolvency Heath Check
Every Tuesday afternoon from 2pm until 5pm we are running a free insolvency advice clinic at our office in Manchester. Specialisms include:- Administrations (including Pre Pack) Liquidations Company and Individual Voluntary Arrangements Bankruptcy To [...]
Technical Reminder – ESC- C16
For those companies on the opposite end being zombie the withdrawal of the extra statutory concession c16 means that any company who wants to make a capital distribution in excess of £25,000 needs to [...]
What Are Pre-Packs?
A pre-pack sale is when the assets of an insolvent business have been substantially agreed for sale to a company which is either operated by the same directors, shareholders or a third party prior [...]
Free eBook: A Guide to Putting a Business into Liquidation
If you believe your business may be in distress, understanding the warning signs early is essential to securing the best possible outcome. In our free guide, we explore the process of putting a business into liquidation, what options you have when it comes to insolvency, the impact liquidation has on stakeholders, and much more.
Zombie Companies
With an rise in zombie companies, businesses are becoming increasingly under pressure that they may lose key customers and cannot afford for zombie companies to fail. This is helped further by HMRC allowing companies [...]
Claim for Mis-Sold Interest Rate Swaps
In the last few days, the big four banks, Barclays, Natwest, Lloyds and HSBC have admitted to mis-selling interest rate swaps to small and medium sized businesses. An interest rate swap enables the banks [...]
The Glasgow Rangers Effect
In the last month or so HMRC have won and lost two different battles which are likely to change the landscape of football insolvency. The High Court rejected HMRC’s attempt to get the ‘football [...]