Trying to do the right thing by the company’s employees, customers, suppliers and other stakeholders whilst ensuring ongoing compliance with their fiduciary duties will be challenging, however, changes have been made to the insolvency regime to provide directors with breathing space to explore their options.

Any organisation or individual requiring credit should be aware of how they will be assessed for credit risk.  One of the tools used by any potential lender or supplier will be the borrower’s credit score also known as a rating.  A borrower may not know what their score is from one day to another but should be aware of how it is assessed and viewed.

Directors will naturally be concerned as to their conduct during the current pandemic. Trying to do the right thing by the company’s employees, customers, suppliers and other stakeholders whilst ensuring ongoing compliance with their fiduciary duties will be challenging, however, changes are being made to the insolvency regime to provide directors with breathing space to explore their options, whilst protecting them from risk of personal liability.
 

Directors will naturally be concerned as to their conduct during the current pandemic. Trying to do the right thing by the company’s employees, customers, suppliers and other stakeholders whilst ensuring ongoing compliance with their fiduciary duties will be challenging, however, changes are being made to the insolvency regime to provide directors with breathing space to explore their options, whilst protecting them from risk of personal liability.
 

The Government announced on 28 March 2020 new insolvency measures to support businesses under pressure as a result of the coronavirus pandemic. Below, we explore below the proposed amendments to insolvency law and some of the other practical implications that have arisen due to social distancing guidance.

The Government announced on 28 March 2020 new insolvency measures to support businesses under pressure as a result of the coronavirus pandemic. Below, we explore below the proposed amendments to insolvency law and some of the other practical implications that have arisen due to social distancing guidance.

The Insolvency Service has issued a warning that fraudsters have been contacting investors in insolvent schemes claiming to be from the Official Receiver's office or to have been appointed by the Official Receiver to help recover funds for a fee.

Once a debtor has entered bankruptcy, he or she has certain restrictions placed on their actions and conduct. Neil Dingley of Moore Recovery Stoke on Trent explains the restrictions on individuals during bankruptcy.

There are multiple warning signs before a business becomes insolvent, however, these signs can be easily overlooked. Especially by directors and owners who have a very ‘hands-on’ approach when running their business. 

The number of businesses being wound up has soared to the highest level for five years as firms fight to deal with rising interest rates and Brexit disruption.

The number of businesses being wound up has soared to the highest level for five years as firms fight to deal with rising interest rates and Brexit disruption.

As part of its commitment to broaden services and to meet increasing client demand, Chris Tate FCA, has joined Moore (South) LLP’s leading Restructuring and Insolvency team as a director.

As part of its commitment to broaden services and to meet increasing client demand, Chris Tate FCA, has joined Moore (South) LLP’s leading Restructuring and Insolvency team as a director.

When a director has been found guilty of mismanagement verging on fraud, one of the remedies that the courts can impose is disqualification as a director. But what does this actually mean?
 

When a director has been found guilty of mismanagement verging on fraud, one of the remedies that the courts can impose is disqualification as a director. But what does this actually mean?
 

On 26 August 2018, the Government issued its response to its consultation on insolvency and corporate governance. Here’s a summary of the key themes, their effects and tips on how you can prepare for the future.

The number of travel agency and tour operators going insolvent has fallen by 30% in the last five years from 47 to 33 per annum as the impact of the internet slows

The Restructuring & Insolvency team are delighted to announce that Duncan Swift, a partner at Moore, has been appointed Deputy Vice President of R3, the insolvency and restructuring trade body with effect from 7 July 2017.
 

The Restructuring & Insolvency team are delighted to announce that Duncan Swift, a partner at Moore, has been appointed Deputy Vice President of R3, the insolvency and restructuring trade body with effect from 7 July 2017.
 

The insolvency profession and the digital age

The insolvency profession and the digital age

Government calculations have forecast an additional 18,000 people will go insolvent by 2020 should interest rates rise just 1%.