by Alistair Bacon | Jan 20, 2025 | Insolvency, Updates
2024 was certainly a busy year for the insolvency profession in the mid-market with IPs and lawyers all busy. We have seen a large increase in the number of administration sales and pre-packs acting for both the administrators and on the buyer’s side. In addition, Alistair Bacon has now completed in excess of 140 Qualifying Reports which is an indication of the level of activity across the market. We have every confidence that these work levels will continue well in to 2025. To read all the latest legal news, click the link: AMB Update (40) Jan 2025...
by Alistair Bacon | May 9, 2024 | Insolvency, Updates
We are pleased to present our 39th Insolvency Update. This comes at a time when we have seen a marked increase in insolvencies and restructurings in a number of sectors including online services, restaurants, high-end fashion and law firms (which seem to be going down like ninepins). For a précis of the latest case law, click here: AMB Update (39) May...
by Alistair Bacon | Aug 15, 2022 | Bulletins, Insolvency, Litigation
Parties involved in legal disputes need to take great care not to waive their legal privilege - this can be done inadvertently as this case demonstrates Bulletin - Inadvertent Waiver of...
by Alistair Bacon | Jul 6, 2022 | Bulletins, Insolvency
Firms are now gearing up for a surge in insolvency and restructuring in light of the current climate: the Brexit-car crash, incompetent government on the brink of collapse, double-digit inflation, war in Europe, the pandemic, OPEC-driven fuel crisis, rail strikes etc. For our latest Insolvency Update, click here: AMB Update (36) July...
by Alistair Bacon | Mar 29, 2022 | Bulletins, Insolvency
The various restrictions imposed on the presentation of winding up petitions are set to come to an end. From 1 April 2022, the minimum petition debt will be £750 and there will be no additional hoops for a petitioner to jump through before a petition can be presented. Click Here for our...
by Alistair Bacon | Mar 23, 2022 | Bulletins, Insolvency
Workloads are definitely on the up and official figures show that corporate insolvencies in February doubled compared to February 2021. Most IPs that we deal with seem to be much busier than they were six months ago. There is however a cloud on the horizon in the guise of the Court Service’s ability to cope with workloads. For our latest Insolvency Update, click here: AMB Update (35) Mar...
