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April 2022

Purchase Orders: Can They Be Legally Binding?

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Written by Zahida Shah, Silverback Commercial Law Services What is a Purchase Order? A purchase order is a commercial document whereby one business lets a supplier know they intend to buy goods from them.  This is the reverse of an invoice because it is a list of items the business intends to buy and will […]… Continue Reading

National Insolvency Report: Monthly Statistics March 2022

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National Insolvency figures published (22 April 2022) by the Government’s Insolvency Service have indicated that the number of registered company insolvencies in March 2022 was 2,114: More than double the number registered in the same month in the previous year (999 in March 2021), and 34% higher than the number registered three years previously (pre-pandemic; 1,582 in March […]… Continue Reading


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The Government has announced (28 March 2022) that the last of the Temporary Insolvency Restriction Protections are being lifted.  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 June 2020.  Most of these measures expired at the end […]… Continue Reading