corporate recovery services

insolvency and bankruptcy law

What’s the Purpose of Insolvency and Bankruptcy Law?

Different countries worldwide have their own insolvency and bankruptcy law but they don’t differ that much from the UK’s legal rules in respect of insolvency and bankruptcy. The two principal objectives of insolvency and bankruptcy law are shared by most countries – (1) the allocation of risk in a predictable, equitable and transparent manner, and …

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insolvency practitioner

Insolvency Practitioner and Business Recovery Professionals

Currently, there are approximately 1,600 licensed insolvency practitioners (IPs) licensed and registered in the UK. The majority of IPs work for legal or accountancy firms, or for a dedicated business recovery and insolvency practice. The role of an insolvency practitioner involves more than just liquidating solvent and insolvent companies. They are also very much involved …

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Redundancy Claims Team

What is a Licensed Insolvency Practitioner and What are Their Duties?

For any company struggling with debt or facing insolvency, bankruptcy or administration, the first port of call is a licensed insolvency practitioner, or IP. Despite the title, an IP isn’t there to handle company insolvency liquidations, such as Creditors Voluntary Liquidation (CVL), Company Voluntary Arrangements (CVA) or Compulsory Liquidation. They are also there to help …

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insolvency practitioner services

Business Insolvency Advice to Recover From The Crisis

When a company is financially in trouble, no matter what the size of the business, seeking advice quickly is vital. It is incredibly stressful having to deal with creditor pressure, late penalties and the threat of legal action on a daily basis, not to mention facing rising debts and inability to meet the company’s monthly …

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