What can agreeing Personal Guarantees mean in insolvency? Personal liability is the legacy from insolvency
Directors must always be wary of Personal Guarantees when borrowing money, especially when ‘alternative lenders’ are involved. One of the first questions we ask directors of insolvent companies is whether they have any Personal Guarantees (PG) on outstanding loans. The answer is often no, and yet, we quickly discover that many of them do. In […]
Trustee in Bankruptcy Advice and News From Antony Batty & Co, London
Trustee in Bankruptcy cases with Investment Properties
Our insolvency practitioners are seeing more Trustee in Bankruptcy cases which include investment properties. Our experience is that such cases are far from straight forward and that great care needs to be taken by the Trustee in Bankruptcy.
