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Blog | Corporate Insolvency

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Corporate Insolvency

Case of Bury Director Highlights Duty to Co-Operate Laws

October 28, 2024

On 15 October 2024, Vezubuhle Ndlovu (“Mr Ndlovu”) of Bury, director of VN Electrics Limited (“the Company”), was sentenced to 10 mo...

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Armin Pishro Trainee Solicitor
Corporate Finance

Changes to Insolvency Fees

October 22, 2024

The Insolvency Proceedings (Fees) (Amendment) Order 2024 (SI 2024/963) was laid before Parliament on 19 September 2024 and is due to impleme...

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Ellena Pritchard Commercial Executive
Corporate Insolvency

Section 216 – Using a Prohibited Company Name

October 7, 2024

In accordance with Section 216 of the Insolvency Act 1986 (“S216”), if you are a director or shadow director of the liquidating company,...

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Armin Pishro Trainee Solicitor
Corporate Insolvency

Director Ordered to Repay £57,000 of Fraudulent COVID Bounce Back Loans

September 17, 2024

In the week commencing 09/09/24, the Insolvency Service disclosed details of a director who fraudulently secured two COVID Bounce Back Loans...

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Armin Pishro Trainee Solicitor
Corporate Insolvency

Landmark Judgment Gives Largest-Ever Award in Wrongful Trading Case

July 8, 2024

On 2 December 2016, retail store BHS entered into administration, with Anthony John Wright and Geoffrey Paul Rowley being appointed as joint...

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Armin Pishro Trainee Solicitor
Corporate Insolvency

Insolvency Service Prosecutions See Nearly 50% Drop

May 16, 2024

Recent statistics have revealed that The Insolvency Service prosecutions of company directors dropped by nearly 50% last year. Data from th...

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Olivia Cooper Solicitor
Corporate Insolvency

Former Footballer John Barnes Disqualified from Being Company Director for Three and a Half Years

April 30, 2024

Two-time FA Cup winner John Barnes has signed a disqualification undertaking which bans him from being a company director for three-and-a-ha...

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Armin Pishro Trainee Solicitor
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