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The Latest Corporate Insolvency Statistics by Industry

The Latest Corporate Insolvency Statistics by Industry Following on from my article published on the 11th of this month, in relation to the number of corporate insolvencies, which showed an approximate drop of 35% in the 6 months post-Covid compared...

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The benefits of Bounce Back Loans and the Implications of their miss-use upon Liquidation.

The benefits of Bounce Back Loans and the Implications of their miss-use upon Liquidation. It was reported last week that 1.26 million bounce back loans (“BBL”) had been granted in the UK since its introduction and therefore the sums loaned...

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The Latest Corporate Insolvency Statistics – Monthly to September 2020 Comparing post-covid to pre-covid

The Latest Corporate Insolvency Statistics - Monthly to September 2020 Comparing post-covid to pre-covid The Insolvency Service have released the latest insolvency statistics which show the monthly corporate insolvencies for England and Wales and it makes for interesting reading. If...

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MVL’s – Overdrawn Loans to remain unpaid…

MVL’s – Overdrawn Loans to remain unpaid… Recent clarity of rules from HMRC has resulted in great news for shareholders looking to take out their capital cash balances in solvent liquidations as HMRC have now confirmed that overdrawn loan accounts...

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HMRC’s Proposed Preferential Status to hit bank debt clients…

HMRC’s Proposed Preferential Status to hit bank debt clients… Despite widespread objections from the Insolvency profession, the government is intent on going ahead with plans to once again make a number of HMRC’S claims, rank preferentially, leaving many concerned that...

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Changes in Insolvency – October, November & December 2015

The Latest Changes in the Insolvency Profession… The Insolvency Profession has seen a whole raft of changes to legislation and guidelines being introduced and proposed in recent months and therefore below is a brief summary of each of the changes...

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Should You Go Into A CVA?

Should You Go Into A CVA? As my last article touched on the high failure rates of CVA’s, it would be fair to assume that you may believe that I am against the process completely.  However, whilst I am not...

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CVA FAILURES – Causes & Solutions

CVA FAILURES – Causes & Solutions   Despite the CVA process not having changed much for years, CVA’s are still very popular as an insolvency process for allowing an insolvent business to continue to trade whilst also buying time with...

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Solvent Liquidations

Solvent Liquidations – Pricing & Immediate Distributions Due to the huge interest we received at AAT’s Annual Conference, where our solvent liquidation pricing and process was given a lot of praise, this month’s headline article summarises solvent liquidations (MVL’s). What are...

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