Gatecrasher still trading despite entering administration
Categories for Insolvency Reviews & Advice
Gatecrasher still trading despite entering administration
Gatecrasher still trading despite entering administration The recent ‘pre-pack administration’ of the Birmingham-based nightclub Gatecrasher is a good example of how administrators work with companies in crisis to try and salvage something positive. Gatecrasher had amassed debts of more than...
Read morePersonal Guarantees on insolvency
Personal Guarantees on insolvency - Bridge Newland As you can imagine, personal guarantees are a hot topic when it comes to a insolvent Liquidation & Administration as often company directors are either unaware that they have signed a guarantee or they...
Read moreMVL Vs Striking Off
MVL Vs STRIKING OFF What with changes to ESC16 legislation coming into force in April 2013 us Insolvency Practitioners are becoming inundated with savvy accountants wishing to save their clients tax when they close down their Solvent Company by taking...
Read moreEmployees get paid in CVL & Admin
Employees get paid in Liquidation and Administration This article looks to provide you with the knowledge you need to advise your clients on the rights of employees, should they need to close their Company but can’t afford the redundancy costs. ...
Read moreTough Recovery of Business Rates
Councils to Take Action to Recover Business Rates April 2013 has seen changes in the way business rates are pooled and distributed throughout the UK to local councils / authorities. At present, all businesses (shops, warehouses, offices and factories) pay a...
Read moreTo avoid administration retailers should take action….
Retailers Should Take Action to Avoid Administration The collapse of Blockbuster, HMV & Jessops are a warning to retailers to take action. These well-known retail chains became the first high street giants to go into Administration in 2013 and with seasonal sales year-on-year remaining flat, Bridge Newland are calling...
Read moreThe end of Pubs as we know it?
The End of Pubs as we Know it? With a national report showing pubs are closing at a rate of 18 a week pub owners are being warned to take action to save their businesses before it’s too late. The...
Read moreRetention of Title (“ROT”)
Retention of Title (or Reservation of Title) Retention of Title (or "ROT") is the term used for a clause in a contract which allows a seller to retain ownership of assets ("title") until the buyer has paid in full. It...
Read moreCorporate Insolvency FAQ’s
Corporate Insolvency FAQ's This article answers to the most commonly asked corporate insolvency questions. Below are my top 10 (in no particular order)... 1. How can I tell if my company is insolvent? Your company is considered insolvent if it either cannot pay...
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