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 | Oct 20, 2021 | Bulletins, Insolvency, Updates
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...
by Alistair Bacon | Aug 20, 2021 | AMB Law, Bulletins, Insolvency, Updates
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...
by Alistair Bacon | May 19, 2021 | AMB Law, Bulletins, Insolvency, Updates
AMB Law’s 31st Insolvency Update Click here to view our latest Insolvency Update : AMB Update (31) May...
by Alistair Bacon | Jan 22, 2021 | Bulletins, Insolvency, Updates
There is no doubt that work levels and enquiries from distressed businesses are picking up slowly – the profession seems to be busier than it was at the time of our previous Insolvency Update but the Tsunami has yet to hit the shore. Click Here to read our latest Insolvency...
