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Directors’ Duties: The First 7 Days After You Realise Insolvency Is Likely

Directors’ Duties: The First 7 Days After You Realise Insolvency Is Likely

by Paul Brindley | Feb 17, 2026 | Advice to Directors

A practical action plan for directors who want to stay in control, protect creditors, and protect themselves That moment arrives quietly for most directors. You’re not sleeping well. You’re juggling payments. HMRC is chasing. Suppliers want pro-formas. Cash is leaving...
Credit unions in difficulty: what’s really going wrong, and what directors can do next

Credit unions in difficulty: what’s really going wrong, and what directors can do next

by Paul Brindley | Feb 1, 2026 | Credit Unions

If you’re reading this as a director of an ailing credit union, you’re probably worried about two things at once: protecting members, especially savers who may rely on the credit union day-to-day doing the right thing as directors, under regulatory scrutiny, sometimes...
Navigating the Current Challenges in the Construction Industry: Protecting Subcontractors from Insolvency Risks

Navigating the Current Challenges in the Construction Industry: Protecting Subcontractors from Insolvency Risks

by Paul Brindley | Nov 20, 2024 | Advice to Directors

The construction industry in the UK faces unprecedented challenges. The collapse of ISG in September 2024, leaving subcontractors with unpaid debts totalling £750 million, is a stark reminder of the fragility within the sector. This event, coupled with persistently...
This recent legal case will affect what Administrators do and when…

This recent legal case will affect what Administrators do and when…

by Paul Brindley | Apr 17, 2023 | Ethics & Regulation

A recent decision by the High Court has established that an administrator of a company in administration is an officer of the company for the purpose of collective redundancy rules. This means that an administrator can be prosecuted personally for failing to notify...
You’re a landlord and your tenant goes into administration.  What do you need to know?

You’re a landlord and your tenant goes into administration. What do you need to know?

by Paul Brindley | Mar 10, 2023 | Administration

Here are the key points for you, as a landlord to keep in mind if your tenant goes into administration: If your tenant is in administration, they still have to pay rent as an expense for every day they occupy the property during the administration period. The rent is...
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