Insolvency

Personal Guarantees in Insolvency Cases

Dealing with Personal Guarantees in Insolvency Cases

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Facing insolvency is a challenging time for any business owner, marked by uncertainty and difficult decisions. As the weight of financial obligations becomes unbearable, the looming presence of personal guarantees can further add to the stress, adding a layer of personal liability to an already daunting situation. Understanding how personal guarantees operate within insolvency proceedings …

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insolvency impacts on commercial contracts

Insolvency and its Impact on Commercial Contracts

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Businesses frequently engage in contracts to facilitate transactions, partnerships, or collaborations. These contracts establish the rights and obligations of the parties involved, providing a framework for smooth operations. However, when one party faces financial distress leading to insolvency, the landscape shifts dramatically, impacting the validity and enforceability of these agreements. In this blog post, we …

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Effects of Insolvency on Intellectual Property

Effects of Insolvency on Intellectual Property Rights

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In the fast-paced business world, insolvency can throw a wrench into carefully laid plans, messing with everything from strategies to assets. While most talk about insolvency revolves around money matters, a crucial aspect often gets overlooked: the effect of Insolvency on intellectual property (IP) rights. Amidst the chaos, it’s easy to forget the valuable assets …

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Retail Firms at Risk of Insolvency

Reasons for Sharp Increase in Retail Firms at Risk of Insolvency

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The retail landscape in the UK has witnessed a seismic shift in recent years, exacerbated by a notable surge in the number of retail firms hovering on the verge of insolvency. This concerning trend has sent shockwaves through the business community, prompting a comprehensive examination of the factors contributing to this rise. Pre-pandemic, retailers were …

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Right Insolvency Practitioner

Choosing the Right Insolvency Practitioner for Your Solvent Liquidation

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There is no getting away from the fact that sometimes you, or your business, might fall on hard times. This can be for many reasons, either because you misjudged something, circumstances beyond your control or a trickle down effect of the current state of the economy as a whole. What is important is how you …

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Le Pain Quotidien Insolvency

Why Le Pain Quotidien UK Arm Falls into Insolvency

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Thanks to years of economic and political uncertainty brought on by the pandemic, issues with the market and general malpractice in government, it is an incredibly hard time for a variety of different businesses. It doesn’t matter whether an organisation is big or small, there are common problems which are being encountered and these are …

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corporate insolvency practitioner

The Role of Corporate Insolvency Practitioners: What You Need to Know

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A number of different people are involved in the running of a company and the same can be said for the closing (or potential closing) of a company as well. A fundamental role in the closing of a company is that of a corporate insolvency practitioner. Insolvency practitioners are professionals who are appointed to act …

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Impact of Insolvency and Liquidation

The Impact of Insolvency and Liquidation on Small Businesses in the UK

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Many businesses face challenges, and these challenges vary depending on what market that business operates in and what the market is like currently. Usually, businesses can overcome various challenges; however, this isn’t always the case, and some organisations enter insolvency and have to go into liquidation. The question is, what do these two terms actually …

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