What happens when a Charity becomes Insolvent?
The challenges of the pandemic have undoubtedly put a lot more strain within the third sector environment. But just like businesses, charities can become insolvent when it can no longer…
The challenges of the pandemic have undoubtedly put a lot more strain within the third sector environment. But just like businesses, charities can become insolvent when it can no longer…
Dealing with HMRC can often be daunting and very time consuming if you are not familiar with their different departments, processes and powers. At Lucas Ross – Business Rescue, Recovery &…
In March 2020 the government introduced the Coronavirus Business Interruption Loans (CBILS). Companies initially criticised the CBILS programme for it needing PG’s and not being appropriate for small businesses. In…
Do you qualify for a Director Redundancy? The large majority of directors are entitled to redundancy payments if their company should enter liquidation. Most people assume that when their company…
There are many reasons a director may want to resign from their post and move on from their company. This could be due to retirement, relocation, or simply a desire…
When an insolvent limited company enters liquidation, one of the liquidator’s key duties is to investigate the causes of its financial decline. This includes looking into the conduct of directors…