by Paul Brindley | Nov 20, 2024 | Advice to Directors
The construction industry in the UK faces unprecedented challenges. The collapse of ISG in September 2024, leaving subcontractors with unpaid debts totalling £750 million, is a stark reminder of the fragility within the sector. This event, coupled with persistently...
by Paul Brindley | Oct 7, 2024 | Advice to Directors, Upsettable Transactions
I was sitting in the pub on Sunday afternoon with the family. It was rammed with diners. It was great to see a great British pub doing well. But for me there was a tinge of sadness, because I know what could be coming some time down the line some time for the...
by Paul Brindley | Aug 20, 2024 | Advice to Directors
Selecting the right insolvency practitioner (IP) is one of the most significant decisions a director of a struggling company will ever make. This decision isn’t like purchasing a routine item; it’s more akin to entering a marriage—a deep and enduring...
by Paul Brindley | Jul 23, 2023 | Administration, Advice to Directors, CVAs, CVLs
Have you ever wondered what happens to the funds raised by Insolvency Practitioners once they step in as Administrators or Liquidators? It’s a bit of a mystery for those outside the insolvency profession, and it can lead to misunderstandings and frustration for...
by Paul Brindley | Jul 12, 2023 | Administration, Advice to Directors, CVLs
Insolvency is a complex topic. A deeper understanding of insolvency is crucial for accountants and other professionals who ‘touch’ insolvency and those directors of companies who have to decide which insolvency route to take. In this blog I will summarise...