My Employer is insolvent – what are my rights?

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If your employer is unable to pay its debts, including your wages, it is likely to be insolvent. Your options depend on whether your company has entered a formal insolvency procedure. Sam Hawkins explains. This […]

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Statutory Interest on Tax Liabilities in Solvent Liquidations (MVL)

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HM Revenue & Customs (HMRC) now require statutory interest on corporation tax (CT) where it is paid after the normal due date, which has significant implications for current and future Members’ Voluntary Liquidations (MVLs). HMRC […]

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What is a shadow director?

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In the day to day running of a Company, businesses are often overseen by individuals who are not legal directors registered at Companies House. In the Companies Act 2006, a shadow director, in relation to […]

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If my company goes into Liquidation will I lose my home?

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Ultimately, it depends! Jack Callow examines the question By reversing the question and exploring what position you would need to be in for your home to be at risk, a position is established by which […]

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Jobs saved at Newton Abbot company

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Around 100 jobs have been saved at a Newton Abbot commercial cleaning company thanks to swift action by the Administrators, Jonathan Williams and Jeremiah O’Sullivan of Bishop Fleming LLP. Daccombe-based Betterclean (Services) Limited, run by […]

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A Creditor’s Ability to Opt Out

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This is the second commentary in a series of Vlogs by Jack Callow, Business Recovery & Insolvency Manager about the Insolvency Rules 2016. Full transcript below. Commentary number 2: a creditor’s ability to opt out. Welcome. […]

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Enhancing Value Through a Managed Exit

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Exiting an underperforming business which may have been profitable for a number of years can be one of the hardest decisions a business owner will ever have to take, but benefits can follow. A number […]

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Insolvency Rules 2016: what these changes mean

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This is the first commentary in a series of Vlogs by Jack Callow, Business Recovery & Insolvency Manager about the Insolvency Rules 2016. Full transcript below. On 6 April 2017, the treat that is the […]

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Why should I choose a licensed insolvency adviser?

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The dangers of using an unlicensed insolvency adviser have been highlighted by trade body, R3. Reports suggest there is a growing number of unlicensed advisers targeting businesses and individuals, raising concerns that those seeking advice from them […]

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North Devon Theatres’ Trust – in administration

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The Administrators of North Devon Theatres’ Trust are pleased to report that they have now completed the surrender of the leases of the Queens Theatre in Barnstaple and the Landmark Theatre in Ilfracombe to the […]

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