June 29th 2021
Trading as a going concern following cash flow difficulties When a company operates as a going concern, it means that it is expected to carry on trading with no threat of liquidation for 12 months or …
March 31st 2020
Advice and considerations for limited company directors on pursuing a pre-pack administration route
March 29th 2020
A Company Voluntary Arrangement is a restructuring route which can provide an exit from company administration and creditor pressure
March 22nd 2020
Selling a business out of administration is carried out through a pre-pack administration which transfers ownership to new business owners
March 16th 2020
A phoenix company is a company born out of insolvency, such as company administration or liquidation, governed by strict rules
March 2nd 2020
A Company Voluntary Arrangement (CVA) is a company rescue solution which consists of long-term agreements with creditors
February 22nd 2020
Limited Company directors in Scotland can access company rescue options, such as a CVA and Time to Pay Arrangement.
February 17th 2020
The Statement of Insolvency Practice (SIP) details the company administration decision-making process prior to sale completion
February 8th 2020
What level of control do unsecured creditors have during company administration and what are their payment rights?
February 1st 2020
A licensed insolvency practitioner will be responsible for facilitating recovery for a business which goes into administration
January 29th 2020
Company administration is a formal insolvency procedure that allows viable companies to restructure and regain their footing in the market.
January 19th 2020
Revising Company Voluntary Arrangement terms or considering alternative insolvency options if a CVA is rejected
January 11th 2020
Employees are classed as preferential creditors during company administration and TUPE regulations may apply in a pre-pack
January 10th 2020
Roles and responsibilities of a company administrator to outstanding creditors during insolvency proceedings
January 8th 2020
TUPE protects employee rights during relevant insolvency proceedings, such as a pre-pack administration
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