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Reckless Trading is when the company being carried out in a manner likely to create a substantial risk of serious loss to the company’s...Filed under: News -
Dealing with insolvent companies is an increasing problem for many firms. There are three risks in dealing with a firm that later fails: Securities...Filed under: News -
Personal guarantees can be powerful tools but they need to be done correctly if you want to rely on them subsequent to company failure.Filed under: News -
One of the joys of working in insolvency is the personal liability that attaches to much of what we do. There are three broad...Filed under: News -
How liquidators distribute funds depends on where the money came from in the first instance. There are four possible sources of revenue in a liquidation,...Filed under: News -
We often ask directors about their company’s solvency. When asked if their company is solvent “I think so” is a common answer.Filed under: News -
Damien Grant made an oral submission to the Select Committee overseeing the Insolvency Practitioners Bill. Video BelowFiled under: News -
There is a firmly held misconception about the application of Limited Liability. This is a protection that is open to shareholders. It does not...Filed under: News -
Should you be trading with Trusts? How much can you trust them?Filed under: News