We have offices in Northampton, Banbury, Coventry, Hitchin, Milton Keynes and Spalding

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: December 2019

BRIEFS Ladies Christmas Networking Lunches

23 December 2019:  This year we held four BRIEFS ladies Christmas networking lunches, with Hitchin (pictured) hosting the last of the events on Tuesday 17 December 2019. The festive lunches were hosted in Coventry, Hitchin, Milton Keynes and Northampton and they went down a treat with the exceptional professionals in those areas. Best wishes for Christmas from...
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Court approves the use of liquidation as a debt collection method

19 December 2019: The Insolvency and Company Court of England and Wales recently held in Sell Your Car With Us Ltd v Anil Sareen that when a debtor fails to comply with a statutory demand and has no arguable case to dispute a debt, a winding up petition (initiation of liquidation proceedings) is appropriate, despite...
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Beware of the dangers of a winding up petition

16 December 2019:  Many company directors will have some experience of receiving demand letters from creditors, this can sometimes lead to county court judgements and, in more extreme cases, the company receiving a statutory demand followed by the service of a winding up petition. It is important to understand that being served a winding up petition...
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Recovery in shots in golf – recovery in business

11 December 2019:  For all that play golf, hitting the ball off track and into the rough calls for a thoughtful recovery shot to get back on the fairway. Simply hitting and hoping for the best is, generally, not the best option.  The same thoughtful process is required when a company’s financial position is “in...
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What is the difference between bankruptcy and insolvency?

2 December 2019:  Bankruptcy in the United Kingdom only applies to an individual, Katie Price being one of the most recent celebrities declared bankrupt. Unlike the United States, partnership entities or limited companies do not become bankrupt. Insolvency, on the other hand, is a global term that is used to describe all types of financial...
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