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 | 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 12, 2023 | Advice to Directors, Director Disqualification, Upsettable Transactions
As an insolvency practitioner, I understand that director payments from a company are an important issue because of the duties owed by directors to shareholders and creditors. In this article, I will provide you with an overview of director payments and what you need...
by Paul Brindley | Feb 26, 2023 | Advice to Directors, Director Disqualification, Ethics & Regulation
The UK Government has pledged to provide additional funds of £79 million over the next five years to support HM Revenue & Customs in addressing compliance risks amongst wealthy taxpayers and combating tax fraud. In response, HMRC is utilising its vast array of...
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...