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Do you have an English subsidiary that is struggling financially? – Read this if you do…

by Paul Brindley | May 14, 2019 | Administration, CVLs, Ethics & Regulation

It’s a long established principal of English law that when a company starts to struggle financially, its directors are required to pay more attention to the interests of the creditors than they might have before then and that the worse the financial problems become,...

Illegal dividends – the court clarifies a point

by Paul Brindley | May 10, 2019 | CVLs, Ethics & Regulation

Liquidators have a duty to maximise realisations for the benefit of the creditors.  One potential avenue they have to consider is pursuing the shareholders for repayment of dividends that were paid illegally – a common problem where director shareholders of...

Tell me about English Insolvency Law and Practice

by Paul Brindley | May 6, 2019 | Ethics & Regulation

We have updated our brochure ‘Tell me about English Insolvency Law and Practice’, a summary that you might find of great interest if you are: A director of a company that is in trouble financially A creditor of an insolvent company A supplier to an...
Reminder about the rules about the re-use of company names after liquidation

Reminder about the rules about the re-use of company names after liquidation

by Paul Brindley | Apr 9, 2019 | CVLs, Ethics & Regulation

The Insolvency Service have just written useful article providing some guidance on the re-use of company names post liquidation. It’s worthwhile reading it if you have a company that is struggling financially and likely at some stage to go into liquidation, and...
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