This site uses cookies. By continuing to browse you are agreeing to our use of cookies. Find Out More
It has been confirmed that Schedule 6 ‘The Categories of Preferential Debts’ of the Insolvency Act 1986 will be amended to include ‘Categ...
Historically, HM Revenue & Customs (“HMRC”) had enjoyed a higher, preferential ranking in the statutory order of payment for insolvent es...
Sometimes, when a business is facing insolvency, many of the most significant creditors can be employees of the business, particularly if...
A winding-up petition can only validly be issued if a debt of £750 or more is indisputably owed, normally demonstrable by way of an unsat...
We previously looked at company voluntary arrangements (“CVAs”) off the back of BHS entering a CVA; however, with that company subsequent...
Many of our clients will have seen last week that beleaguered department store BHS is set to enter a CVA in a bid to slash its rent bill ...
