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.
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Three in four 'dodgy' directors go unpunished
20th October 2009 15:03
"As many of you will be aware, when a company enters into Insolvent Liquidation, Administration or Administrative Receivership then it falls to the appointed Insolvency Practitioner ("IP") to review the company records and assess the conduct of the directors…" -
BEEN THERE, SEEN IT, DONE IT
30th July 2009 17:00
"I have been having a bit of a clear out in the office and came across a Sunday Times article dated 6 January 1991 headed – "Bad debts batter the banks"…" -
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…"
