Tag: liquidation advice
The Landlord’s unwanted Christmas gift – Tenant Insolvency
Landlords who are paid quarterly are currently wondering whether 25 December will bring them an unwanted Christmas gift, their tenant’s insolvency. Any business which is in financial trouble will be looking to see if they can afford the next quarter rent payment. They may have already taken advice and been told to hold off liquidation... Read more »
Is there no limit?
A recent decision in the Supreme Court will be welcomed by Insolvency Practitioners but not so by directors whose company has gone in to liquidation where there are claims against them for the retention of monies that are due to the company, including claims for repayment of director’s loan accounts, unlawful dividends and other payments.... Read more »
What is a prohibited name?
Sometimes a company can fall into liquidation due to unforeseen circumstances, more often than not a customer or client can unexpectedly go bust and its failure to pay can lead to cash flow problems for you and ultimately your company going into liquidation. However if your company was well known and trusted in the market... Read more »