Category Archives: Insolvency

The Director’s Friend and a winding up petition – a testimonial received:

    This blog post features a testimonial from a director client whose company was faced with a winding up petition in a substantial sum presented by H M Revenue & Customs. The client was recommended to the Director’s Friend … Continue reading

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THE DIRECTOR’S FRIEND BLOG – No ‘Wrongful Trading’ here

This is the next in the series of blogs for The Director’s Friend blog. The case:  This is a discussion about a recent case decided in the Chancery Division of the High Court – (1) Nicholas William Nicholson and (2) … Continue reading

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THE DIRECTOR’S FRIEND – A director fails to validate his obligations to a company

This is the next in the series of blogs for the Director’s Friend.   The case: This is a discussion about a recent case decided in the Chancery Division of the High Court – Officeserve Technologies Ltd (In Liquidation) v … Continue reading

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The Director’s Friend – Director Disqualification – Current and Future Misconduct Trends

  This is the next article in a series by the Director’s Friend. The Director’s Friend recently attended the Insolvency Live! 2017 event run by The  (‘IS’). This was attended by a lot of stakeholders in the insolvency industry. Director … Continue reading

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Inquorate appointment of administrators

The Court of Appeal has given a recent judgment (Randhawa and Turpin [2017] EWCA Civ 1201 dated 01 August 2017) upon the inquorate appointment of administrators by a sole director. That case is here. The question: The question that the Court … Continue reading

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The Director’s Friend and Director Disqualification – a testimonial received

This blog post features a testimonial from a client who was faced with a substantial director disqualification investigation against him. The client was recommended to the Director’s Friend by their accountant to advise.   The investigation was wide ranging and … Continue reading

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Food for thought – Director Disqualifications for Business Manager and Bass Player of UB40

This is the next article in a series by the Director’s Friend. The Insolvency Service (‘IS’) confirmed in a recent press release that David Parker (‘Mr Parker’) (the UB40 business manager) and Earl Acton Falconer (‘Mr Falconer’) (the UB40 bass … Continue reading

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The Director’s Friend – Director disqualification and Compensation to Creditors(s)

In a my blog dated 21 December 2016 (see: http://www.breezeandwyles.co.uk/more-bad-news-for-directors-and-their-personal-liability/) I talked about the new risk to directors in the context of Director Disqualification investigations being that the Secretary of State can now also seek compensation from the director(s) where … Continue reading

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INCREASING COMPANY INSOLVENCIES

This is the next in the series of my blogs for the Director’s Friend. THE LATEST STASTICS:   On 28 April 2017, the latest quarterly insolvency statistics were released by the Insolvency Service (‘IS’). By comparison with the first quarter of … Continue reading

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Setting aside a Notice of Intention to appoint an Administrator by a Director (‘NOI’)

The Court of Appeal has given a recent judgement setting aside an NOI. That was in the following case: JCAM Commercial Real Estate Property XV Limited v. Davis Haulage Limited [2017] EWCA Civ 267 that is reported here: http://cases.iclr.co.uk/Subscr/search.aspx?docID=WLRD2017-265. Lord … Continue reading

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