Category Archives: Business

Government Consultation suggests that you should review your Debt Procedures!!

On 23rd December last year, the government announced that they will discuss new measures to protect consumers from unknown debt claims. The upcoming consultation will consider how to  protect consumers against unsuspected debts or unknown claims, but also allowing appropriate … Continue reading

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Reuse of a Prohibited Company Name by a Director leaves the Director caught in an expensive web!!

This is the next in my series of blogs for the Director’s Friend. SUMMARY Following a prosecution for breach of section 216 of the Insolvency Act 1986 (the ‘Act’) (re-use of a prohibited company name by a director) with confiscation … Continue reading

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Employment of Illegal Workers results in Director Disqualification

This is the next in the series of my blog for the Director’s Friend. BACKGROUND In a recent press release the Insolvency Service (‘IS’) show that they are targeting insolvent companies that have been employing illegal workers and where the … Continue reading

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10 Things that you should consider when faced with a Director Disqualification Investigation

This is the next in the series of my blog for the Director’s Friend. When the Insolvency Service (the ‘IS’) write to you with perhaps a questionnaire or a ‘section 16’ letter there are a number of issues that you … 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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Complex challenges for employers in the year ahead

Constant changes and increasing complexity have helped make employment law a frontline challenge for business and this year looks set to continue the trend.  The first weeks of January saw Maggie Dewhurst, a bike courier with City Sprint, winning her … Continue reading

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The Latest Insolvency Service Enforcement Statistics are out!

This is the latest in the series for my blog ‘The Director’s Friend’. In a press release dated yesterday (13 December 2016) the Insolvency Service (the ‘IS’) set out their latest enforcement outcome statistics. These show that for the year … Continue reading

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More Bad News for Directors and their Personal Liability

This is the next in the series of blogs for the Directors’ Friend. A director of a company that has been placed in to formal insolvency may receive an enquiry letter perhaps enclosing a Directors Questionnaire from the Insolvency Service.  … Continue reading

Posted in Blog / News, Business, Companies and Corporate, Debt Recovery, Insolvency | 1 Comment

THE LATEST INSOLVENCY SERVICE ENFORCEMENT STATISTICS ARE OUT

This is the latest in the series for my blog ‘The Director’s Friend’. In a press release dated yesterday (13 December 2016) the Insolvency Service (the ‘IS’) set out their latest enforcement outcome statistics. These show that for the year … Continue reading

Posted in Blog / News, Business, Companies and Corporate, Insolvency | Leave a comment

The one time you should look for the price tag on that gift

The Bribery Act ushered in a stricter anti-corruption regime when it came into force in 2011 and although Christmas gifts and hospitality are not banned, it’s important that companies don’t splash out and end up in deep water with over-generous … Continue reading

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