Zombie firms apocalypse facing the Scottish economy
As the full effects of the Coronavirus pandemic began to be felt in March 2020, many anticipated a significant rise in formal insolvency appointments as companies grappled with
Restructuring & Insolvency
Winding Up Petitions are back on the creditor agenda
UK businesses have been given unprecedented protection from enforcement action by creditors since the start of the pandemic in March 2020, but from the beginning of October those
Zombie companies are on the rise
What are zombie companies? Just like the unfortunate creatures often seen lurching about menacingly in horror films, zombie companies are little more than a collective drain on the
Financier Worldwide Report – What next for UK zombie companies?
Struggling companies, barely able to meet their debts and surviving only with the indulgence of their lenders and other creditors have long been an unwelcome negative feature of
How limited is liability with personal guarantees?
Limited liability arrangements have long been thought of as a secure way for a business owner or director to clearly separate and protect their personal wealth from their
Current challenges for business owners – don’t remain isolated at the helm
There are numerous challenges SME business owners are facing in the current economic climate. The turmoil of the pandemic, coupled with the upheaval of Brexit, have left business