Liquidation: Who gets paid first?

Categories for Liquidation News

Liquidation: Who gets paid first?

Liquidation: Who gets paid first? Suppose your business has become insolvent and has either been through a successful administration or perhaps the administration process wasn’t deemed viable for your circumstances. In these cases, there is a good chance that your...

Read more

The benefits of Bounce Back Loans and the Implications of their miss-use upon Liquidation.

The benefits of Bounce Back Loans and the Implications of their miss-use upon Liquidation. It was reported last week that 1.26 million bounce back loans (“BBL”) had been granted in the UK since its introduction and therefore the sums loaned...

Read more

Landlords, Tenants and Liquidation

Landlords, Tenants and Liquidation My tenant is going into liquidation – what rights do I have? Liquidation is the process of winding up a company’s affairs when it has ceased to trade, and realising and distributing its assets to creditors....

Read more

A 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 more

The Latest Liquidation Statistics by Industry for Q4 2014

The Latest Liquidation 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-liquidation-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_cvl.png" alt="More about Liquidations" width="500" height="1826" /></a> For the latest Liquidation...

Read more

Christmas is a Bust For Lawrence Llewelyn-Bowen

Christmas is a bust for Lawrence Llewelyn-Bowen - But how can new ventures be a success? Lawrence Llewelyn-Bowen’s Birmingham based Christmas company Magical Journeys Limited has been placed into Liquidation owing creditors approximately £875,000. The festive attraction closed down shortly...

Read more

The Latest Liquidation Statistics by Industry for Q3 2014

The Latest Liquidation Statistics by Industry for Q3 2014 Learn more about Company Liquidation here. 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-liquidation-statistics-by-industry-for-q3-2014" rel="publisher"><img alt="More about CVL's" src="https://www.bridgenewland.co.uk/wp-content/uploads/2014/11/Q3-Liquidation-Statistic-Q3-2014-Vs-Q3-2013.png" width="500" height="1826" /><p>Learn more about...

Read more

What Happens After my Company is in Liquidation?

What Happens After My Company is in Liquidation? Once a company is placed into Liquidation, it is the Liquidator’s duty to maximise the realisations so that the Company’s creditors get the best return possible.  This means that the liquidator must...

Read more

The Liquidation Process in a Flow Diagram

The Liquidation Process in a Flow Diagram For the Creditors Voluntary Liquidation process in a simple to follow flow diagram, click here

Read more