by Keith Steven, KSA Group Ltd A company voluntary arrangement (“CVA”) is a powerful rescue tool designed to help companies in financial distress, yet many directors are unaware of its benefits. If a company is struggling with poor cashflow and directors are finding it difficult to keep up with tax payments, it’s likely the company […]
Read moreBy Julian Donnelly 6th August 2014 So, the UK apparently has the fastest growing economy in the G7 and we had 0.8% GDP growth in Q2 2014, so we’re out of the woods from an insolvency perspective? Far from it – let me explain…. I was recently chewing the fat with an old friend who […]
Read moreby 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 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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