Why shareholders come behind creditors in the insolvency queue
Fortunately, few people have any direct experience of a company failure. When they do, the priority ‘waterfall’ for distribution of what’s left in the pot after a business
creditors
The overtrading risk for businesses in recovery
As businesses emerge from two years of pandemic related stress (financial and otherwise) it would be easy to look at the increasing headwinds of rising inflation, increasing interest
UK Zombie companies – how serious is the problem?
Whilst many know what Zombie companies are, how they are created and why they are a problem for both the economy generally and can be for their Directors.
April Fool’s Day – and sadly, this is not a wind up
The end of the ban on Winding Up Petitions One of the key measures in the government’s attempt to protect businesses badly affected by the pandemic was to
Credit risk management post-pandemic – Part 2
The Covid crisis has taken many accepted truths and thrown them up in the air, like a confetti of commercial confusion. In our first article looking at how
Credit risk management post-pandemic – Part 1
Credit risk disciplines The Coronavirus crisis has not so much moved the goal posts for credit management professionals as relocated the game to another stadium and changed half