by Paul Brindley | Jun 16, 2026 | Creditor, Supplier and Employee Issues
One of the most common things I hear from directors is: ‘It’s only a letter at the moment.’ Sometimes that’s true, sometimes it isn’t. When a creditor serves a statutory demand or threatens a winding-up petition, the stakes have changed,...
by Paul Brindley | Feb 11, 2026 | Advice to Directors
When HMRC (or another major creditor) decides it has had enough, the escalation to compulsory liquidation can feel brutally quick. In reality, it is usually a process with recognisable stages, and the most important thing to understand is this: The danger point is...
by Paul Brindley | May 16, 2021 | Advice to Directors, Alternatives to formal insolvency, CVLs
Are you making best use of the time that’s left?
by Paul Brindley | Jun 6, 2020 | Advice to Directors, CVLs
If you are a director of a debtor company which is, or could soon be, subject to a statutory demand or winding up petition, this is for you – a short summary of what’s in the current draft of the Corporate Insolvency & Governance Bill (‘the...
by Paul Brindley | Aug 26, 2019 | Advice to Directors, CVLs, Ethics & Regulation
A compulsory liquidation is started off by the presentation of a petition in court to wind up the company. What grounds does the petitioner have to show? There are several a petitioner has to show, all set out in section 122 of the Insolvency Act 1986: The company...
