Category Archives: Corporate Recovery

The Risks of Gifts

This is the next in my series of blogs for the Directors Friend. SUMMARY: In respect of a risk under Section 238 of The Insolvency Act 1986 (the “Act”) a director must be very mindful where they are transferring company … Continue reading

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Facing Personal Liability for ‘Smelting the Assets Transactions’

This is the next in my series of blogs for The Directors Friend. SUMMARY: In respect of a risk under Section 423 of The Insolvency Act 1986 (the “Act”) a Director must be very mindful where their own interests in … Continue reading

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Directors Duties when the Company may be or is insolvent – Be aware of personal liability stalking you!

This is the next in my series of blogs for the Director’s Friend. In a recent decision of Terence Mowschenson QC sitting as a deputy High Court Judge in the case of Oakdene Homes PLC (In Liquidation) (the ‘Company’) and … Continue reading

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Big Business: Pay your debts or risk damage to your reputation

On the 4th of May the Enterprise Act 2016 received Royal Asset. The Act established the role of the Small Business Commissioner to support small businesses, in particular, in relation to disputes with larger businesses. As part of this role, … Continue reading

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Employees in an administration: Oakland decision overturned

Employees have rights even when company is insolvent Companies entering so-called pre-pack administration arrangements will have to deal with TUPE rights for employees. That’s the outcome of a recent Employment Appeals Tribunal (EAT), which has reversed an earlier ruling to … Continue reading

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Patron Membership of the Hertfordshire Chamber of Commerce and what it means for us

It is undoubtedly the case that the Chamber serves an extremely important function with the economy of the region and it is with this in mind that we decided in January of this year to commit to Patron membership. In … Continue reading

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Weathered the recession: have you planned for growth?

Come along and join me for this great networking opportunity where I will be the guest speaker. Meet with like minded people, make contacts and discuss business opportunties over a full English breakfast. Those who follow my blog or LinkedIn … Continue reading

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Insolvency: A new species of debt relief for debtors

On 6 April 2009 a new species of debt relief for debtors was created. Affecting debtors with low debts (less then £15,000), surplus income (disposable income of less than £50 per month) and assets (under £300). This is a cheaper … Continue reading

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Insolvency: A new species of debt relief for debtors

On 6 April 2009 a new species of debt relief for debtors was created. Affecting debtors with low debts (less then £15,000), surplus income (disposable income of less than £50 per month) and assets (under £300). This is a cheaper … Continue reading

Posted in Blog / News, Corporate Recovery | Leave a comment