When multiple employees quit at the same time, it can be a major challenge for any organisation. Losing several team members all at once can cause disruptions to workflow, team…

Here is a glossary of crucial phrases and acronyms to help you navigate the world of insolvency a little bit more easily. Navigating the world of insolvency can be a…

An insolvency lawyer is a type of solicitor that specialises in dealing with bankruptcies and other financial reorganisations. They work with businesses and individuals who are facing financial difficulties and…

Yes, you can sell your insolvent company, in many circumstances, this must be done with an Insolvency Practitioner’s consent, either as a general element of an administration or as a…

Company rescue refers to a range of financial and operational strategies that aim to save a struggling business from insolvency or bankruptcy. These strategies may include debt restructuring, refinancing, cost-cutting,…

The escalating cost of living crisis has cast a shadow of uncertainty over our small business. As prices soar across essential commodities and services, our operational expenses have surged, squeezing…

An insolvent estate is when a deceased person’s debts are greater than the total value of assets, and therefore money is owed to their creditors. The rules of bankruptcy apply…

A rise in interest rates can have a significant impact on businesses across various industries. Increased borrowing costs can make it more expensive for businesses to access capital for expansion,…

When it comes to upholding health and safety standards in the United Kingdom, businesses must adhere to a strict set of regulations to ensure the well-being of their employees and…

Unlawful dividends occur when money is withdrawn from a limited company without adequate profits to support it. Shareholders who receive unlawful dividends may be required to repay the money if…