Who can issue a winding up petition and why?
A winding up petition (WUP) is presented to the court in order to force an1 ...
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The insolvency risk within the construction industry
The construction industry is currently facing renewed concerns regarding the number of firms at risk1 ...
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The different types of receivership explained
Company receivership is increasingly in decline. From the most recent high of 1,468 receivership appointments1 ...
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Financial Services: The impact of Brexit
The financial services industry is of great importance to the economy of the UK, contributing1 ...
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What is a third party debt order?
The term garnishee order arises from the old legal term garnishee, which is defined as1 ...
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Understanding termination fees on a factoring agreement
It’s perfectly possible that after entering into a factoring agreement you may want to exit1 ...
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Haulage Industry Insolvency: What would a no-deal Brexit mean?
One of the biggest areas of industry expected to be hit badly by Brexit is1 ...
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Managing cash flow when clients pay late
We’re stating the obvious here, but your business relies on a positive and reliable cash1 ...
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What is a deficiency account?
Prior to a company entering voluntary liquidation, alongside the statement of affairs, a pack of1 ...
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Getting out of a Commercial Lease Early
By entering into a commercial lease, it is usually the case that you have agreed1 ...
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Are your employee costs too high?
The costs of hiring an employee have risen significantly over the last few years. With1 ...
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Accounting for the Director's Salary - New Case Precedent Set
The court of appeal case of Global Corporate v Hale has set a new precedent1 ...
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