Insolvency, Business Recovery and Finance Blog

Articles by the Cranfield Business Recovery team on the latest developments in the financial sector. The Insolvency blog will also allow an insight to smaller developments at the Cranfield office.

  • TUPE v The Rescue Culture
    17th June 2009 14:28
    "The one question that I am always asked when advising a company about the various types of insolvency procedures is “But what about TUPE?” This question relates to the point about where does the liability lie in respect of employees’ claims for unpaid wages, holiday pay, redundancy and pay in lieu of notice when a company enters into an insolvency procedure…"
  • Securing Director's Loan Accounts
    24th April 2009 10:21
    "Every businessman knows that if he is going to borrow money from a bank, either by way of overdraft or loan, the bank will insist on receiving a debenture to secure the money being advanced and will take a charge over some or all of the company’s assets…"
  • Pre-Pack Administrations – Part 2
    28th February 2009 11:32
    "In January, I raised the issue of whether Pre-Pack Administrations are commercially acceptable or are they simply an abuse of process. I also asked the question as to whether a Pre-Pack Administration could ever be justified and concluded that I believe that they can be justified in certain circumstances…"
  • Where can I find cash?
    12th February 2009 15:39
    " This is probably the most common question that I am getting asked at the moment, as businesses are struggling to come to terms with the effects of the growing recession…"
  • Pre-Pack Administrations
    27th January 2009 09:38
    "This is the first of two blogs looking at Pre-Pack Administrations. The next will appear in February. The main topic of conversation in the insolvency world at the moment is the new guidelines in respect of Pre-Pack Administrations…"