by Paul Brindley | Apr 14, 2020 | Administration, Advice to Directors, Coronavirus, CVAs
No one wants to see their business go into administration. The perception is that administration is a process for businesses that are about to disappear, there being no need for the business any more or the business model is fundamentally broken and unfixable. But...
by Paul Brindley | Apr 4, 2020 | Administration, Advice to Directors, Alternatives to formal insolvency, Coronavirus, CVAs, CVLs
If you are a director and/or a shareholder of a limited company that is struggling to cope with this CV19 crisis – and frankly who isn’t? – perhaps you should think about looking at my one page summary of your formal and informal options,...
by Paul Brindley | Feb 29, 2020 | Advice to Directors, CVAs
Company voluntary arrangements (CVAs) have been around for 25 years, having been introduced by the Insolvency Act 1986. They are designed to be an alternative to insolvent liquidation for companies who cannot paying their debts on time. The best way to think about a...
by Paul Brindley | Feb 15, 2020 | Administration, Advice to Directors, Alternatives to formal insolvency, CVAs, CVLs, Upsettable Transactions
Is there a storm coming your way? The Background You may have heard about something called the Loan Charge? It’s led to big tax calls on companies and the individuals who benefitted from such loans. In fact HMRC estimated they’d collect £3 billion,...
by Paul Brindley | Nov 12, 2019 | CVAs
2019 was reported by the British Retail Consortium to have been the worst year ever for retail. Some years ago I worked the other side of the insolvency fence, in a retailer, trying to turn it around. It was an interesting time, the company’s cost structure like most...
