Internal fraud: the ever-present threat to businesses
Fraud in the workplace Fraud is never far from the headlines. A little while ago, Patisserie Valerie collapsed into Administration after it was found to have overstated its
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Reinstating Crown Preference: So many consequences for business
Crown preference background The Finance Act 2020 has restored preferential status in an insolvency as from December 2020 to Crown debts, such as unpaid VAT and PAYE. This
‘Light Touch’ Administrations: A new approach to an old remedy
It may have taken almost twenty years, but the insolvency profession has finally got round to adapting the Administration insolvency process brought in by the 2002 Enterprise Act
Creating a cash culture to help your business through a crisis
This pandemic is a crisis like no other in the past century and beyond. It is stressing every aspect of a company’s business model. Revenues are being slashed,
Business survival: When is it time to throw in the towel?
The Pandemic is threatening to cause a financial crisis to equal of even surpass the horrors of The Great Depression almost a century ago. There are few parts
New Corporate Insolvency Act – what does this mean for business?
The Corporate Insolvency & Governance Act 2020 (“The Act”) The Act implements insolvency reforms first proposed by the government as far back as 2016, which were the subject