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Moving Insolvency into the 21st Century.
April 2017 sees some of the largest shake-ups in insolvency processes for a generation.
New Insolvency Rules, replacing in their entirety the Insolvency Rules 1986 (and their 28 amendments), together with sections added to the Insolvency Act 1986 by the Small Business, Enterprise & Employment Act 2015, make some dramatic changes to the way insolvency cases start and operate.
Read more about the article below written by Adam Nakar and published in Borough Business.
Adam graduated from Birmingham University in 2005 with a degree in Modern History and Political Science. During his time at university he spent his holidays working at Marks Bloom, and was headhunted back in 2008 to join the growing insolvency team. Adam passed the Certificate of Proficiency in Insolvency exam in 2009 and the three JIEB exams in 2010, and obtained his insolvency licence through the ICAEW in January 2017. He is also a Member of the Association of Business Recovery Professionals. Outside work Adam is most often found doting on his baby daughter, Jessica. He also enjoys chess, computer games and motor sport, and is a keen (and decent enough) amateur kart racer.
The issue We understand that Angela Rayner has ‘got off’ without a penalty for underpaying around £40,000 of SDLT on a house
The issue It is not uncommon for shareholders to lend personal funds to a company to allow it to meet various business expenses.
The issue There has been lots of press around Property 118 (P118) over the last few years. Currently, if worst comes to
