In our previous articles we have presented an overview of the most common type of insolvency that you are likely to face as an unsecured creditor, a Creditor’s Voluntary Liquidation. We have provided a high-level summary of the other processes that you may come across leading up to and including the initial meeting of creditors. […]… Continue Reading

National Insolvency figures published (17 September 2021) by the Government’s Insolvency Service have indicated that the number of registered company insolvencies in August 2021 was 1,348: 71% higher than the number registered in the same month in the previous year (788 in August 2020), and similar to the number registered two years previously (pre-pandemic; 1,366 in August […]… Continue Reading

The Ministry of Justice UK has published its response to the consultation on ‘Increasing selected court fees and help with fees income thresholds by inflation’. The Government has analysed the responses to the consultation and considered the impact of policy proposals and recurring themes raised by some of the respondents. The consultation invited comments on the proposal […]… Continue Reading

The government has announced (9 September 2021) that the Temporary Insolvency Restriction Protections are being lifted[1] and new targeted measures to support small business and commercial tenants will be introduced.   To help protect businesses from insolvency a number of changes were introduced under the Corporate Insolvency and Governance Act (Coronavirus) to protect business from creditor action since […]… Continue Reading