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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...
Read moreThe Latest Administration Statistics by Industry for Q4 2014
The Latest Administration Statistics by Industry for Q4 2014 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" alt="More about Administrations" width="500" height="1826" /></a> For the Latest Administration...
Read moreThe Latest Liquidation Statistics by Industry for Q4 2014
The Latest Liquidation Statistics by Industry for Q4 2014 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" alt="More about Liquidations" width="500" height="1826" /></a> For the latest Liquidation...
Read moreSuccessful and Unsuccessful Pre Pack Administrations
Pre Pack Administration Examples: Successes and Failures Pre Pack Administration is a process that allows a company to sell its assets to a new entity, often its existing management team or to a third-party buyer, immediately after appointing an administrator....
Read moreTop 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...
Read moreSIP 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...
Read moreOctober 2015 will see changes to Bankruptcy and DRO limits
The Insolvency Service announces limit changes to Bankruptcies and DRO's It has been reported in various Insolvency News outlets this month that from October 2015 The Insolvency Service is hoping that both the Bankruptcy petition threshold and Debt Relief Order...
Read moreChristmas is a Bust For Lawrence Llewelyn-Bowen
Christmas is a bust for Lawrence Llewelyn-Bowen - But how can new ventures be a success? Lawrence Llewelyn-Bowen’s Birmingham based Christmas company Magical Journeys Limited has been placed into Liquidation owing creditors approximately £875,000. The festive attraction closed down shortly...
Read moreMy Top 3 Predictions for 2015
My Top 3 Predictions for 2015 Many of us will be hoping that 2015 will be a good year, whether or not you are hoping to turnaround a bad last year or simply improve on a profitable one. Therefore...
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