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  600+ Business Solutions - New company rescue procedure up and running

  One of the measures introduced by the Corporate Insolvency and Governance Act 2020 was a new reconstruction plan to help companies survive the financial impact of the pandemic. The first such plan has recently been considered by the court. When can a reconstruction plan be proposed and what’s involved?

  Published 21.10.2020 Click here
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  600+ Business Solutions - New insolvency rules will benefit creditors

  New insolvency rules will benefit creditors..Bad debts. Recovering debts from business customers who have gone under can be a long and painful process. The good news is that from 6 April 2017 the Insolvency (England and Wales) Rules 2016 (see The next step ) should make things easier (the rules in Scotland are unaffected). The new rules aim to speed up the process plus reduce and simplify administration. This should cut liquidation costs and so leave more money in the pot for creditors. What’s changing? From...

  Published 22.03.2017 Click here
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  Tips & Advice You & Your Business - New plans for corporate debt

  The government wants to amend the rules to protect SMEs from insolvency. But some experts say that the scheme could backfire. What’s the full story?

  Published 29.06.2016 Click here
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  600+ Business Solutions - The danger of an investigating accountant

  If your bank thinks the money it has tied up in your company is at risk, it can appoint an investigating accountant to check up on you. This can cost you a fortune in charges and even lead to administration. How should you handle this situation?

  Published 25.01.2012 Click here
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  Tips & Advice You & Your Business - What’s a pre-pack?

  Pre-packs are increasingly being used to rescue businesses that are in financial difficulties. What are they, and what could be their implications for you?

  Published 07.05.2009 Click here
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  Tips & Advice You & Your Business - Going, going, gone?

  In the current economic climate, it’s no surprise that company liquidations and administrations are on the increase. But what are your rights if you’re owed money by a business that goes belly up?

  Published 10.09.2008 Click here