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A Summary of the R3 Guide to Creditors of What Administration Means for Them

A Summary of the R3 Guide to Creditors of What Administration Means for Them

by Paul Brindley | Feb 26, 2023 | Administration

R3 recently reissued their guide to creditors on what administration means for them. This article aims to provide a summary of that guide. This article aims to ensure you go away with an understanding of the rights of creditors when a company is placed in...

How to place your company into administration – a summary

by Paul Brindley | Jan 29, 2023 | Advice to Directors

We understand that placing your company into Administration can be an overwhelming process. That’s why you need to reach out to a Licensed Insolvency Practitioner you can trust for support and guidance. Here’s a quick overview of the steps involved in...

The top 5 things you need to know about pre-packs

by Paul Brindley | Jan 20, 2023 | Administration, Advice to Directors

A pre-pack is a process in which a company’s assets and operations are sold to a new owner shortly before or after the company enters into insolvency or bankruptcy. The main advantage of a pre-pack is that it allows a company to continue operating while shedding...

The top ten things you as a company director needs to know about administration

by Paul Brindley | Jan 20, 2023 | Administration, Advice to Directors

This is a list of the top ten things you simply must know about administration… Administration is a legal process that allows a company to continue trading while a plan is created to either rescue the company or sell its assets. The main goal of administration...
Don’t rule out Administration as a tool for stabilising, protecting and rescuing a business during this crisis

Don’t rule out Administration as a tool for stabilising, protecting and rescuing a business during this crisis

by Paul Brindley | Apr 14, 2020 | Administration, Advice to Directors, Coronavirus, CVAs

No one wants to see their business go into administration.  The perception is that administration is a process for businesses that are about to disappear, there being no need for the business any more or the business model is fundamentally broken and unfixable.  But...
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