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EU-wide Insolvency Register Launched

European flag in Karlskrona 2011The European Commission has launched an EU-wide national insolvency register that links up databases from Germany, the Netherlands, Czech Republic, Estonia, Austria, Romania and Slovenia, with more Member States expected to join at a later stage.

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Makeover for ‘Pre-pack’ Insolvency – is it overdue?

Makeover for ‘Pre-pack’ Insolvency – is it overdue?

We await the Joint Insolvency Committee’s response to the Business Minister, Jenny Wilmott’s ministerial statement recently outlining government proposals "to improve confidence in the insolvency regime". The UK Government has recently put forward a number of proposals that it says will make sure businesses and customers get a better deal from failing companies.  One key area of insolvency practice covered by the proposals is the use of pre-pack sales.

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Insolvencies fall again year-on-year

The overall business insolvency rate for the UK fell to 0.07% in June from 0.08% in June 2012, according to the latest Business Insolvency Index from Experian.

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March insolvency figures reveal increased resilience

Medium-sized firms, which have struggled the most in recent years, saw fewer insolvencies during March 2013 according to the latest Business Insolvency Index from Experian®.

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Hearts FC, Liquidation and the next steps....

Hearts FC, Liquidation and the next steps....

Liquidation

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