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DS01, creditors, and the awkward truth nobody wants to say out loud

DS01, creditors, and the awkward truth nobody wants to say out loud

by Paul Brindley | Feb 13, 2026 | Ethics & Regulation

If you’re a director trying to work out what the law actually expects when you apply to strike a company off using DS01, start with statute, not folklore. One subsection of the Companies Act 2006 does more work here than most people realise. The statutory anchor:...
The New ICAEW Ethics Guidelines for Insolvency Practitioners: A Step Forward or a Missed Opportunity?

The New ICAEW Ethics Guidelines for Insolvency Practitioners: A Step Forward or a Missed Opportunity?

by Paul Brindley | Oct 15, 2025 | Ethics & Regulation

The ICAEW has recently run a seminar for insolvency practitioners on the changes to the Code of Ethics that came into effect on 1 October 2025. Having listened carefully, I think there are important lessons here, not just for compliance, but for the profession’s...
Banks’ & Funders’ Insolvency Panels: Help or Hindrance?

Banks’ & Funders’ Insolvency Panels: Help or Hindrance?

by Paul Brindley | Sep 16, 2025 | Ethics & Regulation

If you’ve ever wondered why the same names crop up when banks or alternative lenders appoint an IP, you’ve met the world of insolvency panels. Panels can deliver speed and consistency, but they also create real tensions: independence (actual and perceived), cost...
Let’s Talk Honestly: Are Insolvency Referrals Falling Below the Standard?

Let’s Talk Honestly: Are Insolvency Referrals Falling Below the Standard?

by Paul Brindley | May 6, 2025 | Ethics & Regulation

This is a copy of the email I sent the accountants on my database today, providing food for thought… Over the past year, I’ve noticed two worrying trends in the insolvency space, trends that should concern anyone who wants to be seen as a true trusted...
When Is Insolvency Advice Truly Independent?

When Is Insolvency Advice Truly Independent?

by Paul Brindley | Apr 2, 2025 | Advice to Directors, Alternatives to formal insolvency, CVLs, Ethics & Regulation

A message to accountants and business advisers When directors reach the end of the road with their limited company, they’re often under immense financial and emotional pressure. There are debts. No meaningful assets. No clear way forward. And in far too many cases,...
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