Latest Documents.
Bulletin | Business Bounceback Loans and Directors’ Liability
Following 18 months of stagnation, the insolvency process is starting to wake up. The Insolvency Service is starting to investigate the affairs and management of a large number of insolvent companies focussing on the abuse of the various government bail-out schemes. Directors may find themselves being disqualified or made personally liable for company debt. Click: Bulletin - Business Bounceback Loans and...Insolvency Update #33 | October 2021
At long last, the prohibition on winders has been knocked on the head and creditors have not been slow in getting back in the saddle. This long overdue move signals the beginning of a return to normality although, given the new three week grace period, we are not yet clear on the numbers of petitions being prepared. To view our latest Insolvency Update click this link: AMB Update (33) Oct...Bulletin | Winding Up Petitions Are Back
We have reviewed the The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Amendment of Schedule 10) Regulations 2021 To see what they actually say, click here: Bulletin - Winders Are...Bulletin | Winding Up Petitions to Return
The Government is not going to extend further the current prohibition on winders - albeit that they will be introducing a couple of tweaks to the current rules from 1 October 2021. Click this link: Bulletin - Winding Up Petitions Set to...Insolvency Update #32 | August 2021
We are not sure what to say about the market at present. Apart from one or two obvious exceptions to the rule, our perspective is that the mid-market of our profession remains squarely in the doldrums with utilisation rates and new instructions and enquiries at an all-time low. To view our latest Insolvency Update, Click this link : AMB Update (32) August...Bulletin | Directors and Wrongful Trading
The temporary provisions have provided directors with some measure of protection from the risk of personal liability. With these provisions due to end we consider what directors should be aware of. Click this link for Matthew Rice’s article: Bulletin - Wrongful...Let us advise you
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