This is the Administrations News section

On this page, you will find news and comment about what is happening in the area of administrations.

In the meantime, if you need our help and advice in this or any of our specialist insolvency areas, please contact us or call 0208 088 0633, for a FREE initial discussion.

Personal Guarantees, Insolvency and Personal Liability

Posted 21st April 2024 by Craig in

Personal Guarantee

Personal Guarantees, Insolvency and Personal Liability

When insolvency strikes, Personal Guarantees can lead to Personal Liability for the director. Our Insolvency Practitioners can help.

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What can Directors do if they receive a Winding Up Petition?

Posted 27th November 2023 by Craig in

Winding Up Petition

What can Directors do if they receive a Winding Up Petition?

In this article, we look at the processes involved in a Winding Up Petition being served and what happens when one is. The key thing is to take professional advice and then take swift action.

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What measures can creditors take against a business? How should directors respond?

Posted 12th June 2023 by Craig in

Insolvency Practitioners

What measures can creditors take against a business? How should directors respond?

Creditor pressure is often one of the first signs of financial difficulty encountered by businesses. If not addressed and action is not taken, such pressure can often be the start of a downward spiral that can be highly stressful.

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Can Directors Loan Accounts be Reclassified as remuneration in Administration or Liquidation?

Posted 13th March 2023 by Craig in

Insolvency Practitioners

Can Directors Loan Accounts be Reclassified as remuneration in Administration or Liquidation?

In a recent High Court case, the answer was no and that attempting to do so could lead to penalties for the directors.

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