Can Directors Loan Accounts be Reclassified as remuneration in Administration or Liquidation?
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.
Local builders using Personal Guarantee Insurance to insure against business failure hits new high.
Local builders using Personal Guarantee Insurance to insure against business failure hits new high.
What happens to Personal Guarantees when a business becomes insolvent? How can Insolvency Practitioners help?
As Antony Batty & Company celebrates 25 years in business we look back at what has changed since 1997.
As we celebrate 25 years in business, we look back at what has changed since 1997.
Stephen Evans, former Licensed Insolvency Practitioner – and now Consultant – reflects on some of the changes he has seen in the profession.
What is a ‘Restructuring Plan’ and when can it be used?
What is a ‘Restructuring Plan’ and when can it be used?
The Restructuring Plan is one of the most significant changes to insolvency law & practice in recent years. Our Insolvency Practitioners explain.
Antony Batty & Company Employee Focus: Marc Evans
Antony Batty & Company Employee Focus: Marc Evans
Marc is based in our London office and works with our Insolvency Practitioners on Creditors Voluntary Liquidations and Administrations
HMRC Winding Up Petitions on the increase
HMRC Winding Up Petitions on the increase
More severe enforcement by HMRC as the average amount due to HMRC in UK insolvencies doubles.
Directors beware – It is not just business loans from banks that require Personal Guarantees
Directors beware – It is not just business loans from banks that require Personal Guarantees
Personal Guarantees are everywhere in Business. Directors must be vigilant.
HMRC’s Preferential Creditor Status and Preference Payments to Creditors
HMRC’s Preferential Creditor Status and Preference Payments to Creditors
Directors Beware! Do you know what HMRC’s preferential creditor status means for you in insolvency?
Directors must remain vigilant to avoid Wrongful Trading
Directors must remain vigilant to avoid Wrongful Trading
The Covid-19 related suspension of Wrongful Trading Provisions ended on 30th June 2021, however the related business difficulties are still with us.
Insolvency, Personal Liability and Personal Guarantees on Commercial Leases
Insolvency, Personal Liability and Personal Guarantees on Commercial Leases
Personal Guarantees for Company Leases (or any type of loan) can lead to serious consequences for the Guarantor. What are the issues and how can Insolvency Practitioners help?
