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Liquidation

Directors' Insolvency Risk

How Directors Can Navigate Insolvency Risk and Legal Duties in 2026

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The economic environment in 2026 remains complex for UK businesses. While some sectors show signs of stabilisation, many companies continue to face pressure from elevated borrowing costs, increased wage bills, supply chain adjustments, and more assertive creditor enforcement. In this context, directors must be particularly vigilant. UK insolvency law places clear responsibilities on directors, especially […]

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PPE Medpro Liquidation

Lessons from the PPE Medpro Liquidation and Government Claims

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The liquidation of PPE Medpro has become one of the most high-profile insolvency cases linked to the Covid-19 pandemic. The company, which secured substantial government contracts to supply personal protective equipment during the public health emergency, later faced legal disputes, scrutiny over contract performance, and eventual insolvency proceedings. Beyond the political attention and media coverage,

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Creditors’ Voluntary Liquidations

Why Creditors’ Voluntary Liquidations Are Outpacing Administrations

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In recent years, the balance between different corporate insolvency procedures in the United Kingdom has shifted. While administration was once widely seen as the primary route for distressed companies seeking rescue, data now shows a growing preference for Creditors’ Voluntary Liquidation (CVL). This trend continued through 2024 and 2025, with CVLs rising steadily while the

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liquidation of CCA Glasgow

Why the Centre for Contemporary Arts in Glasgow Entered Liquidation

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The Centre for Contemporary Arts (CCA) in Glasgow has long been regarded as one of Scotland’s most important cultural venues, providing a platform for visual art, film, performance, music, and community-led projects. Its entry into liquidation marked a significant moment for the UK arts sector, raising difficult questions about funding models, cost pressures, and the

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Buy Back during Liquidation

Can I Buy Back Assets During or After a Liquidation?

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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?

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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?

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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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Lease Obligations After Liquidation

What Happens to Contracts & Lease Obligations After Liquidation?

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When a company goes into liquidation, directors are often left wondering what happens to the contracts and lease obligations they’ve signed while trading. Whether it’s a commercial lease, supplier agreement, or equipment finance deal, these commitments can feel like a weight hanging over you. Understanding how these are handled is an important part of the

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Trading While Insolvent

Trading While Insolvent: Legal Risks UK Directors Must Understand

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Running a business is never easy. Markets change, costs rise, and sometimes cash simply runs out faster than it comes in. For many company directors, it can be difficult to know whether a financial problem is temporary or whether the business is sliding into insolvency. What is certain, however, is that the moment a company

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