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Staff Redundancy in Liquidation

Who Pays for Staff Redundancy When a Business Goes into Liquidation?

Leave a Comment / Company Closure /

When a business enters liquidation, one of the most pressing and sensitive issues is what happens to employees. For many directors, concerns around staff redundancy, unpaid wages, and legal obligations can be a major source of stress, particularly when cash flow has already dried up. Employees, on the other hand, often face uncertainty about whether […]

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Buy Back during Liquidation

Can I Buy Back Assets During or After a Liquidation?

Leave a Comment / Liquidation /

When a company enters liquidation, directors often worry that everything the business owns will be lost forever. This can be particularly difficult where assets still have value or are essential to a future venture, such as equipment, vehicles, stock, intellectual property, or even the company name. A common and perfectly reasonable question is whether it

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Process of Liquidating a Partnership Business

What Is the Process of Liquidating a Partnership Business?

Leave a Comment / Liquidation /

When a partnership business comes to an end, the process can be more complex and personal than closing a limited company. Partnerships are built on shared ownership and shared responsibility, which means that when things go wrong, the consequences often extend beyond the business itself and into the personal finances of the partners. Liquidating a

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Director Conduct Report in Liquidation

What Is a Director Conduct Report During Liquidation?

Leave a Comment / Liquidation /

When a company enters liquidation in the UK, one of the most important parts of the process happens behind the scenes: the preparation and submission of the director conduct report. This report plays a crucial role in ensuring transparency, accountability and proper oversight during a liquidation. Yet for many directors, the term can feel worrying

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Davis Acquisitions Ltd

Who Can Legally Carry Out Insolvency Work in the UK? Lessons from Davis Acquisitions Ltd

Leave a Comment / Insolvency /

When a company begins to struggle financially, directors often turn to online advice or seek professional help for liquidation or rescue options. However, not all “insolvency experts” advertising their services are authorised to act legally. The recent case of Davis Acquisitions Ltd, which was shut down for unlicensed insolvency activities, serves as a strong warning

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