by Paul Brindley | May 3, 2020 | Administration, Advice to Directors, Alternatives to formal insolvency, Coronavirus, CVAs, CVLs, MVLs
[huge_it_slider id=”3″] In anticipation of the expected massive increase in insolvency work in coming weeks and months due to the Coronavirus pandemic, we have created an interactive tool to help directors of struggling UK companies make informed decisions...
by Paul Brindley | Feb 20, 2020 | Advice to Directors, CVLs, MVLs
What is a Members’ Voluntary Liquidation? A members’ voluntary liquidation (‘MVL’) is a solvent liquidation, one where all creditors are paid in full, and there’s a return to shareholders. An MVL is normally carried out where: A company or group of...
by Paul Brindley | Nov 25, 2019 | MVLs
This article is written for you, the worker in a personal service company/contractor company providing services to private sector clients. If you are a private sector client of such companies, then you would benefit from reading my separate blog, click here to go to...
by Paul Brindley | Nov 25, 2019 | MVLs
This article is written for clients in the private sector of personal service/contractor companies. Owners of or workers for personal service companies would benefit from reading my separate blog, click here to go to it. This is where we are as at November 2019....
by Paul Brindley | Aug 21, 2019 | Administration, CVLs, Ethics & Regulation, MVLs
I am often asked what is the order of payout of creditors in a corporate insolvency? Here it is: The ‘Pool’ of assets subject to a fixed charge/fixed charges (i) The fees, costs and expenses incurred by the insolvency practitioner in preserving and then...
