MLM Solutions Blog

Welcome to the MLM Solutions Blog. Contact us for expert debt advice.

CVAs

CVAs have been in the news again recently as a number of High Street retailers have invoked the procedure to stave off administration.

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Provisional Liquidator Appointed to T Graham & Son (Builders) Limited

On Friday 1st June 2018 Keith Anderson of mlm Solutions was appointed as Provisional Liquidator to T Graham & Son (Builders) Limited.

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DS (Slaughterhouse) Limited

Variety is the spice of insolvency life but on 26 January 2018 Maureen Leslie received an unusual and relatively rare appointment when she became interim liquidator of DS (Slaughterhouse) Limited.  The appointment was made by HM Revenue and Customs.

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Calls for Corporate Insolvency Reforms

The UK’s insolvency framework has apparently fallen from 13th to 14th place in the latest rankings from the World Bank, prompting calls for the UK Government to kick-start its stalled corporate insolvency reforms.
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UK faces 5% rise in insolvency levels over the next 12 months

Euler Hermes have conducted an Economic Study in which they find insolvencies in UK business will increase by 5% over the next 12 months.  This prediction sees the biggest rise of any major European market, as well as the first rise in 7 years in the UK.  While the UK may be bucking the trend in Europe, globally insolvencies are set to increase across the board.  Many factors have been blamed for this increase, namely a slowdown in GDP growth, as well as a depreciation in value of Sterling.

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