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Commonly Held Company Insolvency Misconceptions

The issue of corporate insolvency can be a minefield for company owners and directors. Company directors enter into business because they have the skills and expertise they need to make a living in a particular field. However, as soon as…

Problems with Dividend Payments for Directors

As a business advisor and trouble-shooter to small medium and large companies for over 36 years the most frequently quoted troublesome issue for directors is the subject of dividends. How do I take dividends? Should I be taking dividends? What…

What are Employee Rights When a Company is Insolvent?

If an employer enters into insolvency then it is understandably an extremely anxious and worrying time for the employees. Thankfully, there are special arrangements for employees who are dismissed as a result of the insolvency of their employer. The National…

Can you Sell Your Insolvent Company?

Anyone looking to buy a failing company will have to tread carefully. The fact that a business has entered into administration or liquidation means there are severe financial problems that need to be resolved. There might be pressure from creditors…