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Government Performs U-Turn on Jackson Reforms for Companies in Insolvency

Government Performs U-Turn on Jackson Reforms for Companies in Insolvency It has been announced that the exemption for insolvency cases from the proposed Jackson Reforms has been extended indefinitely after the Ministry of Justice caved under the pressure from various...

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IP Fees to Become More Transparent in October 2015

IP Fees to Become More Transparent in October 2015 Employment relations and consumer affairs minister Jo Swinson has this week announced on behalf of Parliament, under the Secretary of State, that Insolvency Practitioners (“IP’s”) must now provide up front estimates...

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Entrepreneurs Relief – Do Your Liquidation Now to Avoid Loosing Out!

Concerns Over the Cost of Entrepreneurs Relief to the Exchequer. Tax advisers up and down the country should act swiftly to ensure their clients can benefit from entrepreneurs relief as warnings come of possible changes to entrepreneurs relief rules. This...

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How Do Pre-Packs Differ From Other Insolvency Sales?

Pre-Packs - How do they differ from other insolvency sales, and how do I know if I need one? The most common insolvency procedures for companies are administration and liquidation. In administration, the insolvent company is protected from creditors whilst...

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The Latest Administration Statistics by Industry for Q4 2014

The Latest Administration Statistics by Industry for Q4 2014 [caption id="attachment_13360" align="aligncenter" width="500"] The Latest Administration Statistics Q4 2014[/caption] Add this infographic to your website or blog, just copy the code from below. <a href="https://www.bridgenewland.co.uk/latest-insolvency-news/the-latest-administration-statistics-by-industry-for-q4-2014" rel="publisher"><img class="aligncenter size-full wp-image-3079" src="https://www.bridgenewland.co.uk/wp-content/uploads/2015/02/Q4_2014_administration.png"...

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The Latest Liquidation Statistics by Industry for Q4 2014

The Latest Liquidation Statistics by Industry for Q4 2014 [caption id="attachment_13357" align="aligncenter" width="500"] Q4 2014 Latest Liquidation Statistics[/caption]   Add this infographic to your website or blog, just copy the code from below. <a href="https://www.bridgenewland.co.uk/latest-insolvency-news/the-latest-liquidation-statistics-by-industry-for-q4-2014" rel="publisher"><img class="aligncenter size-full wp-image-3079" src="https://www.bridgenewland.co.uk/wp-content/uploads/2015/02/Q4_2014_cvl.png"...

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Successful and Unsuccessful Pre Pack Administrations

Pre Pack Administration Successes & Failures I am a great supporter of the pre pack administration process as a restructuring and recovery tool for failing businesses.  However, if you are considering a pre-packing your business by buying it immediately out...

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Top 5 Pre Pack Administration – Q & A’s

Top 5 Pre Pack Administration - Questions and Answers   1.       What is a pre-pack administration and how does it differ from a normal company administration? The Association of Business Recovery Professionals defines a pre-pack sale as, "an arrangement under...

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SIP 16 Revisions Likely to Kill Off Pre-Packs?

Less Pre-Packs Likely Due Greater Regulation… Insolvency Practitioners (“IP’s”) up and down the country have been issued with revised draft versions of the Statement of Insolvency Practice 16 (“SIP 16”) this month, being the regulation statement for pre packaged sales...

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