News
Probably yes. As long as the business and assets have been openly marketed and your offer is the best received by the acting insolvency practitioner – and here is the
McTear Williams & Wood help over 80% of clients return to full profitability. When your business is in difficulty it is an extremely stressful time. It is hard not to
Introduction A company can be put into liquidation voluntarily, at the instigation of its directors, or compulsorily, by order of the Court. The effect, in either case, is that a
The subject of retention (or reservation) of title creates much discussion and misunderstanding. It is, however, a very simple concept whereby a supplier of goods attempts to protect itself against
Creditors’ meetings under the Insolvency Act 1986 Introduction Creditors’ meetings provided for under the Insolvency Act 1986 (the Act) vary in purpose according to the type of insolvency procedure and
Introduction A compulsory liquidation is one instituted by the Courts as a result of a petition to the court by an interested party. The appropriate Courts for such actions are
Introduction A company can be put into liquidation voluntarily, at the instigation of its directors, or compulsorily, by order of the Court. The effect in either case is that a
Introduction A voluntary arrangement for individuals in England and Wales is a procedure whereby a scheme of arrangement, usually involving delayed or reduced payment of debts, is put forward to
Norwich based Franchise Development Services Limited which was established in 1981 has been placed into liquidation by its directors on 2 December 2015. The company provided advisory services to established
In November 2008 the Government announced a dedicated Business Support Service Helpline designed to meet the needs of businesses facing temporary financial difficulties caused by the economic conditions at that
Independent Business Reviews (“IBR’s”) are generally requested by banks to provide assurance before taking a decision to continue to lend or not to lend to a business. The IBR will
Since the collapse of Lehman Brothers in September 2008 and the sharp recession that followed in 2009 the economic recovery in the UK has been the most gradual on record.