Insolvency insights
Practical legal guidance on bankruptcy, winding up, CVAs and insolvency procedures for individuals, directors and businesses.
All Insolvency insights
Insolvency
Annulling your bankruptcy
Although a bankrupt may obtain an automatic discharge after one year, true freedom from bankruptcy is achieved by way of an annulment. An annulment is an effective cancellation of the...
November 20, 2019
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Insolvency
Compulsory Insolvency and Validation Orders
Following service of the winding up petition a company will find its bank accounts frozen by the bank. Additionally, after the presentation of a winding up petition any subsequent transactions...
October 30, 2019
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Insolvency
Bankruptcy: You and the Official Receiver
An Official Receiver is a civil servant, an officer of the Court and works for the Insolvency Service. His job is to review and administer your bankruptcy. After you are...
September 27, 2019
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Insolvency
No Deal Brexit and Assets in the EU
Brexit! It would be an understatement to say that it has caused controversy and uncertainty. However within cross border insolvency some upcoming issues are quite clear. Within the EU cross...
June 10, 2019
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InsolvencyTax Litigation
HMRC’s Creditor Status
Prior to the Enterprise Act of 2002 HMRC was treated as a preferential creditor within a liquidation thereby allowing them to rank ahead of other unsecured creditors. Following the 2002...
June 7, 2019
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