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.

CVA’s are often associated with large multi-site retailers seeking to restructure shop-lease portfolios however they are much more than this. 

The Covid-19 measures taken by  HM Government to protect the NHS and  the UK population’s health has inevitably had an adverse impact on businesses to varying degrees. It has been a very busy few months whilst businesses have sought to adapt and safeguard their positions for the future.

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.

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.

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. 

Duncan Swift, Corporate Advisory Services Partner and Head of the Food Advisory Group at Moore, has been appointed president of insolvency and restructuring trade body R3.

During the October 2018 Budget, the Chancellor announced that he would be restoring some tax debts to preferential status in corporate insolvencies which begin after 6 April 2020. There had been no consultation on this proposal, and no prior warning.

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.

Insolvency rates among young men are rising three times faster than amongst young women, having increased by 75% amongst men under 25 in 2016 alone*.

The Insolvency Service is clamping down on individuals who are disposing of their assets irresponsibly when facing financial stress, rather than paying back their debts.

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