by Paul Brindley | Jan 17, 2023 | Advice to Directors, CVLs
A day doesn’t go past without our receiving a call from a director desperate for advice on what to do with their insolvent company. In many instances, there is no viable business left to save and the cupboard is well and truly bare – there are either no...
by Paul Brindley | Jan 11, 2021 | CVLs, Director Disqualification, Ethics & Regulation, Upsettable Transactions
A few days ago the legal case ‘Cage Consultants Limited v Iqbal & Iqbal’ was reported, a quite interesting case in which the liquidator of the company sold his claims against the directors of a company, where the directors argued that the assignee...
by Paul Brindley | Aug 28, 2019 | CVLs
For hundreds of years landlords used to seize and sell the assets of their tenants who could not pay their rent using the process of distraint – imagine the lord of the manor turning up in the village in medieval times, taking the villagers chickens to the market to...
by Paul Brindley | Aug 23, 2019 | Administration, Advice to Directors, CVLs, Ethics & Regulation, Upsettable Transactions
Directors often come to me troubled, worried about their position as a director of a company that’s at risk of failing, perturbed by all the scare stories about personal liability and other penalties, their minds racing. Yet it’s not a crime to be involved with a...
by Paul Brindley | Jul 18, 2019 | Administration, CVLs, Ethics & Regulation
It might seem an unusual question, but is it important that your insolvency practitioner understands your business and its assets and the environment in which it operates if they are only liquidating it? Perhaps this question was answered in a recent case that hit the...
