by Paul Brindley | Jan 5, 2020 | Administration, Advice to Directors, CVLs, Upsettable Transactions
You and the company are not one and the same thing, you are separate legal entities in the eyes of the law. And like any entity with which a company might be dealing, there could be a debtor / creditor relationship – you as a director owing money to the company or...
by Paul Brindley | Dec 29, 2019 | Advice to Directors, CVLs, Ethics & Regulation
The rules over the re-use of ‘prohibited names’ in company insolvency are an absolute minefield. I believe there is a ticking timebomb sitting under quite a few of the UK’s directors who tried again following liquidation, who despite having no malice...
by Paul Brindley | Dec 20, 2019 | Alternatives to formal insolvency, CVLs
Here’s a list of the questions you will be posed by HMRC when asking them to put in place a time to pay arrangement (‘TTP’). This is my list, based on my experience, there may be other questions based on your circumstances, but this list gives you...
by Paul Brindley | Dec 15, 2019 | Advice to Directors, CVLs, Director Disqualification, Upsettable Transactions
4 years ago the pre-existing Company Director Disqualification legislation (CDDA) was amended to enable the government, in cases of public interest, to obtain a ‘compensation order’ against directors who they have banned where the directors’ actions have caused loss...
by Paul Brindley | Nov 3, 2019 | CVLs
If you run a company that is marginally solvent, pay yourself a nominal salary and top up your package by paying a dividend, and are at risk of going insolvent some time down the line, then this article is especially for you… Few directors and shareholders truly...
