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by Julian Donnelly 25th April 2014 Insolvency: \In*sol”ven*cy\, n.; pl. Insolvencies. (Law) (a) The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; as, a merchant’s […]
Read moreby Julian Donnelly 21st April 2014 As a director of a limited company, it is standard practice for lenders (and indeed some suppliers) to request that you sign a Personal Guarantee (PG) to act as security for company borrowing. By doing this, the creditor will have recourse to the director personally in the event the […]
Read moreby Julian Donnelly 19th April 2014 Everyone has heard about the “economic cycle”, but few people really understand the history behind it. As the old saying goes “what goes up, must come down” is as true to global economics as anything else. Everyone has heard about The Wall Street Crash in 1929 which started the […]
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