by Paul Brindley | Jul 8, 2026 | Creditor, Supplier and Employee Issues
When directors first see a company’s estimated insolvency position, they often make a perfectly understandable assumption: “The company has £200,000 of assets and owes £300,000, so creditors should receive about 67p in the pound.” Sadly, it rarely works like that. ...
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...
