There are many potential issues that could face different businesses. A lot of businesses are able to adapt to these issues themselves, but then there are other occasions where more needs to be done to ensure an organisation will move forward in the right way. One of the most efficient ways that this can be […]
What is a Business Continuity Plan and How Does it Work? Read More »
Several different terms are thrown around when your organisation is facing financial difficulty. An insolvency practitioner is one of the most common terms you are likely to see. If you have fallen on hard times, an insolvency practitioner can provide you with the help you need. What Is an Insolvency Practitioner Before we go any
Why You Should Only Appoint Licensed Insolvency Practitioners? Read More »
There are always a number of controversies within the world of business, and one of the most prevalent recently has been the investors who managed to lose £8 million in a care home property scheme. They were duped into paying out for plans to convert 80 apartments in County Durham. These plans were never going
How Investors Lost £8 Million in Care Home Property Scheme in the UK Read More »
It has recently been revealed that Club La Costa, which was in administration, has transitioned into the liquidation process. The FRP Advisory administration was officially terminated on November 20th 2022, and following that, the process shifted from administration to a new phase called liquidation (specifically, creditors’ voluntary liquidation). The process is still being managed by
Why Club La Costa UK PLC Administration Transitions into Liquidation Process? Read More »
Covid was a difficult time for businesses all over the UK as the pandemic brought unprecedented restrictions on the public and, therefore, limitations on UK businesses as well. The government was forced to step in to make sure that people were able to keep their businesses up and running whilst the coronavirus and subsequent lockdowns
Case Study: Glasgow Engineer Banned for £100K Bounce Back Loan Abuse Read More »
When Kwasi Kwarteng revealed the UK’s mini-budget back in October 2022, there was a massive dip in the value of pensions throughout the UK, which led to near enough a full-scale liquidation event. In fact, BT pensions alone had their values plummet a staggering £11billion after the mini-budget was announced. The Publishing of the BT
How Mini-Budget Caused ‘Full-Scale Liquidation Event’ for Pension Funds in the UK? Read More »
There has been a new social security trustees report published recently that indicates there is a slightly longer time horizon for different program trusts funds. A new depletion date of 2035 has been put forward (a year later than that suggested), but even with this revised date, the whole program is still facing a 75-year
Will the Social Security Trust Fund be Insolvent in 2035 in the United Kingdom? Read More »
Transatlantic lending is becoming a much more viable option for a lot of businesses at the moment. With that, it is worth considering how restructuring compares between the UK and US markets. There are many differences when it comes to managing finances in these two countries; if you plan on working in both markets, you
When an organisation finds itself failing, it usually looks towards insolvency or bankruptcy. These processes allow for a restructure and reorganisation of the whole business, its liabilities and its assets. It gives them a chance to properly consider the position that they find themselves in and make changes so that operations do not have to
Top Businesses that Bounced Back from Insolvency or Bankruptcy Read More »
If a creditor wants to put your company into liquidation, they will need to file a winding up petition in court. If this winding up order is granted, your company will enter into compulsory liquidation, which will involve the sale of your assets so that you can use the money generated to pay off your
Preventing Open Position Liquidation in the United Kingdom Read More »
