by Paul Brindley | Apr 16, 2023 | Administration, Advice to Directors, CVLs, Ethics & Regulation
Having worked in insolvency for a good many years, I understand that navigating the insolvency landscape can be daunting for directors, particularly during these challenging times. With the introduction of new legislation during the pandemic, such as the Corporate...
by Paul Brindley | Mar 25, 2023 | Administration, CVLs, Director Disqualification
If you are involved in an insolvency process, you may have the opportunity to join a committee of creditors to assist the insolvency practitioner in fulfilling their duties. This committee may be called a liquidation committee or a creditors’ committee,...
by Paul Brindley | Mar 10, 2023 | Administration
Here are the key points for you, as a landlord to keep in mind if your tenant goes into administration: If your tenant is in administration, they still have to pay rent as an expense for every day they occupy the property during the administration period. The rent is...
by Paul Brindley | Feb 26, 2023 | Administration
R3 recently reissued their guide to creditors on what administration means for them. This article aims to provide a summary of that guide. This article aims to ensure you go away with an understanding of the rights of creditors when a company is placed in...
by Paul Brindley | Jan 21, 2023 | Administration, Advice to Directors, CVLs, Director Disqualification, Upsettable Transactions
Balance sheet insolvency occurs when a company’s liabilities exceed its assets. In this situation, the company may be unable to continue trading and may need to enter into a formal insolvency process, such as administration or liquidation. One of the key...
