Understanding Insolvency Rules 2016 (A Guide!)
The insolvency Rules 2016, formally known as The Insolvency (England and Wales) Rules 2016, came into effect on 6 April 2017 and represented a significant overhaul of the UK’s insolvency legislation. These rules consolidated and updated the procedural framework governing insolvency processes in England and Wales, replacing the Insolvency Rules 1986 and their numerous amendments. […]
Rules For Dissolving a Company
There are many reasons why a company could be dissolved. There may be a dispute between the shareholders and directors, there may be succession issues following the death of the business owner, or the business may simply have run its course or perhaps never achieved the desired success. Whatever the reason, the process to close […]
What is Insolvency?
When financial hardship hits your business, and you are forced to consider closing down, working out what to do next can be overwhelming. Understanding the fundamentals behind what insolvency is, what the process entails and what it means for the future of your business can help you to navigate this complex situation. The process of […]