News and Blog - Page 5

Here at Purnells we have released our "new" Guide To Members Voluntary Liquidations...

Tax Abuse and Insolvency & What to Expect in the Future.

It always used to be the case that HMRC were a preferential creditor and as such were next in line to receive dividends after secured creditors.

This changed in 2002 under the Enterprise Act and HMRC agreed to become unsecured creditors and rank side by side with other unsecured creditors. 

In May of this year Purnells won the award for Corporate Restructuring & Insolvency Team of the Year at the Credit Awards 2018, the national award ceremony for the credit industry.

The placing of Carillion into Compulsory Liquidation on the 15 January 2018 has come as a shock to many, with a lot of people believing that Carillion was too big to fail.

This blog looks at the benefits and drawbacks of the different procedures to bring the life of your Company to an end.

Hello and welcome back for this week's blog.

This week we will be looking at potential problems that Directors of insolvent Companies run into in their final months of trading, which all liquidators have a statutory duty to recover.

Hello and welcome back to this week's blog.

This week we are focusing on the shareholders meeting in a creditors voluntary liquidation.

Hello and welcome back to this week's blog.

This week we are focusing on the Compulsory Liquidations.

How a Liquidator is appointed in a Compulsory Liquidation

Are the effects of 'Brexit' already being felt in sectors of the UK?

MVLs and the new Targeted Anti Avoidance Rules that have limited the circumstances in which entrepreneur's relief can be applied