22 March 2011 | Carolyn Jones
Those familiar with the routine of filing NOIs and subsequent Notices of Appointment may be in for a big surprise next time they go to Court. The current Court practice (a very recent development) is...
Tags on this discussion: administration Administrators notice of intention
24 February 2011 | Michael Delaney
The long-awaited EAT decision in OTG Ltd v Barke and ors and four other cases has finally been handed down.
The EAT heard five appeals that all looked at the same point: does administration under Schedule...
Tags on this discussion: administration barke employee employer Insolvency liquidation oakland OTG pre-pack Transfer of Undertakings (Protection of Employment) Regulations TUPE wellswood
4 February 2011 | Mark Tempest
Insolvency statistics in the fourth quarter of 2010 were published today by the Insolvency Service.
Corporate insolvencies across the board were down on the same period last year: compulsory liquidations...
Tags on this discussion: administration bankruptcy corporate debt relief order Insolvency Insolvency Practitioner liquidation recovery voluntary arrangement
23 December 2010 | Mark Archer
As if directors do not have enough to think about at this time of year, what with New Year cashflow worries, and their families asking for more and more at Christmas, then the Department of Business, Innovation...
Tags on this discussion: banking contract law corporate Directors' Duties
23 November 2010 | Shimon Shaw
A recent VAT decision of the Upper Tribunal will be of interest to companies in financial difficulty and their advisers.
HMRC v Airtours Holiday Transport Ltd [2010] UKUT 404 (TCC)
A large holiday...
Tags on this discussion: HMRC Insolvency redrow tax Taxation VAT
18 October 2010 | Shimon Shaw
Anyone sending in their 2009/10 Self Assessment return on paper has just a few days left to file their return by the 31 October paper-filing deadline.
If you miss the deadline it could be costly, as...
Tags on this discussion: HMRC self assessment tax tax returns Taxation
2 August 2010 | Laura Seaman
The Office of Fair Trading (OFT) has published a report recommending far-reaching reforms of the corporate insolvency regulatory regime.
In the report, the OFT said that landlords, as unsecured creditors,...
Tags on this discussion: creditors Insolvency Landlords Office of Fair Trading OFT
21 July 2010 | Karen Jacobs
Consumer Affairs Minister, Edward Davey has announced a review of consumer credit and personal insolvency. The review will cover:
How consumers enter into credit commitments, including the way in...
Tags on this discussion: banking banks consumer credit act consumer protection credit Insolvency lenders loan
11 June 2010 | Paul Gershlick
T agreed to indemnify M in a contract in relation to some particular litigation that may be brought against M. The agreement said that the indemnity would automatically end if M suffered any insolvency...
Tags on this discussion: administration anti-deprivation anti-deprivation principle anti-deprivation rule asset assignment breach creditors High Court indemnify indemnity Insolvency unenforceable
14 May 2010 | Christina Fitzgerald
According to new Insolvency Service figures, the number of people in England and Wales becoming insolvent rose to a new high in the first three months of 2010.
A total of 35,682 people became insolvent...
Tags on this discussion: bankruptcy debt relief orders Insolvency IVA liquidation