Look before you leap
17 January 2022: Prospective new clients are often surprised when we tell them that they don’t, or shouldn’t, want our services. Their reaction is considerably...
Continue ReadingWarning for directors of dissolved companies and those proposing dissolution
10 January 2022: The Insolvency Service have had the power to investigate the conduct of directors of insolvent companies that were formally wound up with...
Continue ReadingChanges to company strike off processes
13 December 2021: We are seeing an increase from directors who have tried to use the strike off process to deal with their limited company...
Continue ReadingMaking Your Members’ Voluntary Liquidation Go Smoothly
2 December 2021: At BRI, we pride ourselves on giving excellent, attentive service to all of our clients and endeavour to progress our members’ voluntary...
Continue ReadingBailiffs at the door (sorry, that should read ‘Enforcement Officer’)
25 November 2021: As insolvency practitioners we often receive calls from directors under pressure who have creditor enforcement action at the forefront of their minds....
Continue ReadingDirectors automatically liable for company debts when using a prohibited company name
16 November 2021: In a recent decision, the court held that where a director is in breach of the rules relating to the re-use of...
Continue ReadingCrippling Debt
9 November 2021: It has been reported that the UK corporate debt went up by £1.9tn to £6.6tn in 2020. It was also reported that...
Continue ReadingMore Bounce Back Loans misused; more directors banned
4 November 2021: The Insolvency Service is continuing their investigations into companies that have either misused or inappropriately applied for Bounce Back Loans (BBL) and...
Continue ReadingHas HMRC lost its bite?
19 October 2021: Following the winding back of Covid-related legislation, which has undoubtedly helped many businesses survive, HMRC are once again able to petition to...
Continue ReadingBuilding on quicksand
15 October 2021: The construction industry is awash with small companies that are destined to fail. The power of main contractors and the terms of...
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