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BRI Business Recovery and Insolvency

We are an independent company of insolvency practitioners committed to finding the right solutions for businesses and individuals in financial difficulty

Monthly Archives: September 2018

Paul Currie of DFA Law in his golf attire

25 September 2018: BRI's monthly golf society was held at Overstone Golf Club and the course was in great condition. Paul Currie from DFA Law swept the board in respect of the prizes, winning nearest the pin and being the overall winner with 26 points. Yes, that is not a typo – 26 points...
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Six years of efforts paying off in the end

20 September 2018: As the Trustee in Bankruptcy, we have recently sold twenty-nine acres of Welsh farmland, which was the primary asset in the bankruptcy estate. The process was not straightforward and it has taken six years of efforts to get to this point. The main difficulty arose because the title deeds...
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Government announces new powers to disqualify company directors

13 September 2018:  The government has announced a number of new measures an attempt to improve corporate governance following a number of high profile large scale failures. One of the measures under consultation is to give the Insolvency Service the power to fine and/or disqualify directors who dissolve companies for the purpose of avoiding payments to...
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Entrepreneurs Relief – an easy kill

7 September 2018:  Headlines such as “Use entrepreneur tax relief cash to help fulfil NHS £20bn funding pledge, think tank says” (National Health Executive) might be further evidence that the days of this tax relief may now be numbered. Entrepreneurs relief (“ER”) is the driver behind most Members Voluntary Liquidations (“MVL”). These are solvent liquidations where...
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