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Construction Contracts – Suspension

Construction Contracts - Suspension (Payment Suspension on Insolvency) When a contractor or subcontractor becomes insolvent, it is common for the contract to provide for a suspension of all further payments. The suspension generally continues for a year or longer. By the time the payment...

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Director’s Duties & Responsibilities

Director's Duties & Responsibilities - Bridge Newland Company Directors have a number of duties and responsibilities, these responsibilities can be onerous at the best of times but become more burdensome when the Company is considered insolvent.  Therefore, whilst this article...

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Bankruptcy & Insolvency Explained

Bankruptcy & Insolvency Explained Due to a rise in Bankruptcy & Company Insolvency being reported ( Midlands especially ), this article seeks to further explain how to test whether your clients (or you) are insolvent, and once known, to achieve business recovery...

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Phoenix Liquidations

Phoenix Liquidations If a company is insolvent and it needs to be placed into Liquidation but the owners or Directors wish to set up a new company and buy back the assets then this is possible. This type of Liquidation is...

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Pre Pack Administrations Explained

Pre Packaged Administrations Explained Most of you will have heard the term “Prepack” or “Pre Packaged Administration” given the recent rise in use of this Insolvency process by Insolvency Practitioners for companies that are Insolvent.  However, many of you may...

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HMRC’s Stance to Unpaid Taxes

H.M. Revenue & Custom's Treatment of Unpaid Taxes - Bridge Newland Now you may have already been involved in negotiating repayment plans with HMRC and you may also have a good knowledge of how HMRC chases in their unpaid taxes however, as...

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An Introduction to Bridge Newland…

An Introduction to Bridge Newland... Some might meet the news of another Insolvency Practitioner opening in the Midlands with cynical thoughts of an intent to close down your client’s ailing businesses however my Company Bridge Newland Limited, a new Business...

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