Regulations have introduced the key provisions of the Small Business, Enterprise and Employment Act 2015 (“the Act”) as regards its affect on Directors and Insolvency Practitioners. This introduces very important changes which will have a considerable impact on Directors and the position of Insolvency Practitioners acting as Administrators or Liquidators. The key changes are addressed
Small Business, Enterprise & Employment Bill (“the Bill”) that is proposed to come into force in April 2015. The Bill is currently undergoing readings before the House of Lords following the 1st reading on 19 November 2014 and the 2nd reading on 2 December 2014. Part 7 of the Bill
Small Business, Enterprise & Employment Bill (“the Bill”) that is proposed to come into force in April 2015. The Bill is currently undergoing readings before the House of Lords following the 1st reading on 19 November 2014 and the 2nd reading on 2 December 2014. It is well publicised that following derestriction of the pub
Whilst funding is critical to a company’s business it is also vital to ensure the right product is obtained relevant to the company’s business needs. Whilst there are numerous financial products available out there, the most common forms of lending to companies are as follows: Fixed Charge – this is
Commercial disputes are an unfortunate reality of company life, made all the more challenging when faced with the unenviable situation of company deadlock. In a deadlock scenario, parties of equal standing in a company (i.e. 50:50 director shareholders) are essentially unable to make any decision on behalf of the company
Insolvency is classically a measure of either the net assets an individual or company owns, or the ability of that individual or company to pay its debts as and when they become due. This article addresses corporate insolvency, i.e. as it relates to companies, and the various mechanisms that exist
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