by Paul Brindley | Apr 17, 2023 | Advice to Directors, Alternatives to formal insolvency, CVLs, Director Disqualification, Ethics & Regulation
If you are owed a lot of money by a company that just will not pay, this article covers one route that you might like to think about taking… One of your options might be for you to enforce a judgment against the debtor directors’ own pension pot(s). And...
by Paul Brindley | Feb 23, 2023 | Advice to Directors, Alternatives to formal insolvency, Ethics & Regulation, Personal Debt
Statements of Insolvency Practice (SIP) are a set of guidelines issued by the Joint Insolvency Committee (JIC), which is made up of representatives from the Insolvency Service, the Institute of Chartered Accountants in England and Wales (ICAEW), the Insolvency...
by Paul Brindley | Oct 3, 2022 | Advice to Directors, Alternatives to formal insolvency, CVLs
On 1 November 2022 the ‘deposit’ for the OR’s costs that the petitioner on a compulsory liquidation of a company will have pay is going up from £1,600 to £2,600. Yes, an increase of £1,000 or 62%! The Insolvency Service have sought to justify the...
by Paul Brindley | Oct 17, 2021 | Advice to Directors, Alternatives to formal insolvency, CVLs, Director Disqualification, Upsettable Transactions
If your current business is struggling financially or contemplating liquidating and you have been involved in other companies that have failed in recent years owing HMRC money, there are some new developments that you simply must be aware of as they could impact...
by Paul Brindley | May 16, 2021 | Advice to Directors, Alternatives to formal insolvency, CVLs
Are you making best use of the time that’s left?