Administration vs receivership: Understanding the difference
Categories for Administration News
Administration vs receivership: Understanding the difference
Administration vs Receivership: Understanding the difference When a business faces financial issues and struggles to fulfil its financial obligations, such as paying its debts on time and covering its wages bill, it may be considered to be insolvent, which...
Read moreWhat is Pre Pack Administration?
Pre pack administration is one of the legal processes used to close an insolvency company while preserving the value of a business. In other words, pre pack administration is used to help manage a struggling business and give it...
Read moreAdministration vs liquidation: Understanding the differences
When a business faces financial difficulties, there are two insolvency practices which are the most commonly used, and they are often confused. Administration and liquidation are both governed by the Insolvency Act but are very different processes, and each...
Read moreA guide to the pre pack administration process
A guide to the pre pack administration process When a company faces financial distress and becomes insolvent, it's crucial to consider the various processes available to either revive the business or sell it to settle debts and dissolve the...
Read moreThe Latest Administration Statistics by Industry for Q1 2015
The Latest Administration Statistics by Industry for Q1 2015 Add this infographic to your website or blog, just copy the code from below. <a href="https://www.bridgenewland.co.uk/latest-insolvency-news/the-latest-administration-statistics-by-industry-for-q1-2015" rel="publisher"><img class="aligncenter size-full wp-image-3079" src="https://www.bridgenewland.co.uk/wp-content/uploads/2015/05/Q1_2015_administration.png" alt="More about Administrations" width="500" height="1826" /></a>
Read moreA More Punitive Regime for Delinquent Directors
A More Punitive Regime for Delinquent Directors On 26 March 2015 the Deregulation Bill and the Small Business, Enterprise and Employment Bill were enacted. The measures in the new Acts will be phased in over the next 12 months. According...
Read moreHow Do Pre-Packs Differ From Other Insolvency Sales?
Pre-Packs - How do they differ from other insolvency sales, and how do I know if I need one? The most common insolvency procedures for companies are administration and liquidation. In administration, the insolvent company is protected from creditors whilst...
Read moreThe Latest Administration Statistics by Industry for Q4 2014
The Latest Administration Statistics by Industry for Q4 2014 Add this infographic to your website or blog, just copy the code from below. <a href="https://www.bridgenewland.co.uk/latest-insolvency-news/the-latest-administration-statistics-by-industry-for-q4-2014" rel="publisher"><img class="aligncenter size-full wp-image-3079" src="https://www.bridgenewland.co.uk/wp-content/uploads/2015/02/Q4_2014_administration.png" alt="More about Administrations" width="500" height="1826" /></a> For the Latest Administration...
Read moreTop 5 Pre Pack Administration – Q & A’s
Top 5 Pre Pack Administration - Questions and Answers 1. What is a pre-pack administration and how does it differ from a normal company administration? The Association of Business Recovery Professionals defines a pre-pack sale as, "an arrangement under...
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