by Paul Brindley | Jan 29, 2025 | Advice to Directors, Alternatives to formal insolvency, CVLs, Upsettable Transactions
Legal Restriction on Using a Similar Name Section 216 of the Insolvency Act 1986 (IA) prohibits the use of the same or a similar name of a company that has entered insolvent liquidation. Directors who breach this rule by promoting, forming, or managing a company with...
by Paul Brindley | Dec 29, 2019 | Advice to Directors, CVLs, Ethics & Regulation
The rules over the re-use of ‘prohibited names’ in company insolvency are an absolute minefield. I believe there is a ticking timebomb sitting under quite a few of the UK’s directors who tried again following liquidation, who despite having no malice...
