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Lucas Ross have been jointly appointed as Administrators
Lucas Ross have been jointly appointed as Administrators with FRP over North East based construction giant and shortlisted property awards candidate, Surgo Construction Limited. Surgo
Why Use Lucas Ross – Business Rescue, Recovery & Insolvency?
Insolvency firms are there to support and guide you towards the best outcome for your company and its reputation. If your companies’ financial issues are
What is Liquidation and How Does it Affect Directors?
Liquidation It is extremely easy to become overwhelmed when sieving through online information regarding company liquidation and the entire process behind it. Below, we have
How can I clear an overdrawn director’s loan account?
If a company goes into liquidation the liquidator has a legal duty to pursue any viable option that could increase the repayment due to the company’s creditors. This
How could I spend my Bounce Back Loan?
The Bounce Back Loan Scheme (BBLS) allowed eligible businesses to borrow between £2,000 and £50,000. It could be used for any business related expenditure to protect
Winding Up Petitions- Did you know?
Since the start of the Covid Pandemic it is arguable that UK businesses have been given unprecedented protection from enforcement action by creditors. With so
The Rating (Coronavirus) and Director Disqualification (Dissolved Companies) Bill
The Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill 2021-22 had its first reading in the House of Commons on 12 May 2021. This New legislation is
What Rights does a Creditor have in a Liquidation?
As a firm Lucas Ross – Business Rescue, Recovery & Insolvency are becoming increasingly involved in creditor meetings, supporting business owners across the UK. Hundreds of Insolvency
Help: – Can I stop my business becoming Insolvent?
Unsurprisingly, the most common question we get asked is why does a business become insolvent? However understanding Insolvency’s technical definition is only the start. I could
IR35: How this could affect you and your company
IR35: How this could affect you and your company Understanding the implications of IR35 for Company Directors IR35 also known as the Intermediaries Legislation, came
Essential Information on latest Business Covid changes
Lockdown in 2020 led to a raft of government initiatives being introduced to support businesses through the financial pandemic that came on the back of
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