Insolvency and Corporate Recovery

• Practical advice for the director of a company in financial difficulty

  • PostedJuly 16, 2024

  In this article we take a look at directors’ duties in the context of possible company insolvency. Our aim is to provide some practical steps for a director in this...

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• When is a company deemed insolvent? Important information for company directors

  • PostedOctober 11, 2023

  As a director of a limited company, it is important to stay on top of the company’s financial position and monitor its solvency on an ongoing basis. Allowing a company...

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• Deposits payable on presentation of bankruptcy and winding-up petitions to increase from 1 November 2022

  • PostedOctober 31, 2022

  A significant increase in the costs payable by creditors commencing insolvency proceedings against a debtor (both individual and corporate) comes into effect from 1 November 2022. When a creditor presents...

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