The other day I helped a fellow migrant. Hardly startling you will agree, but the context was in a
How to use sections 12, 14 and 34 of the Receiverships Act 1993?
Section 14 of the Receiverships Act 1993 (the Receiverships Act) gives the receiver of a company the
The Path to Liquidation
One of the most frustrating tensions we see as insolvency practitioners in businesspeople is between
Why do directors fail to take appropriate steps when their company is failing?
A general trend that I and many other Insolvency Practitioners see, is the length of time directors
Why cash flow is important to a business?
As a businessperson, you do not just need to keep an eye on the profit but also the healthy cash
Security Interests and Security Agreements
Security Agreements GenerallyA security interest is a legal right granted by a debtor in which
A day in the life of a liquidator
A day in the life of a liquidator – a lot of decisions 8:30am – Arrive at the office; check any
Will the employee get paid when the company goes into liquidation?
It is sad whenever I visit a business with the liquidator and inform the employees about the