Directors be Vigilant! Understanding a Directors Loan Account and your Liabilities

Directors be Vigilant! Understanding a Directors Loan Account and your Liabilities
Overdrawn Directors Loan Accounts and Illegal Dividends. If your company is liquidated it can lead to Liquidators’ Claims and even Director Disqualification.
Covid Rent Arrears – Court of Appeal decides in favour of Landlords in London Trocadero (2015) LLP v Picturehouse Cinemas Limited

New Covid-19 clauses in commercial leases.
The effects of Covid-19 continue to be felt in every aspect of business life. Here we look at 4 key areas in which clauses relating to Covid-19 are now appearing in Commercial Leases and comment on the implications.
First Director goes to prison for Bounce Back Loan Fraud

First Director goes to prison for Bounce Back Loan Fraud.
“This represents a milestone and has been a long time in coming. Indications are there will be many more.”
Corporate Insolvencies jump by over 80% in Q2 2022

Insolvencies up by over 80% in Q2 2022
The difficulties caused by Covid-19, rapidly rising inflation, supply chain difficulties and increasing interest rates are the key causes of the highest quarterly level of Creditors Voluntary Liquidations (Q2 2022) since 1960.
Are you in control of your cash flow?

Are you in control of your cash flow?
A guide for Businesses in Distress by our Insolvency Practitioners. We help businesses avoid insolvency with cash flow forecasting
Paying Dividends – The Consequences of Paying Illegal Dividends

Paying Dividends – The Consequences of Paying Illegal Dividends.
Directors’ Dividend payments will be scrutinised for legality by Insolvency Practitioners. This may lead to a Misfeasance Claim with dividends repaid. Tal to us for help and advice.
Antony Batty & Company Celebrates its 25th Birthday

Antony Batty & Company Celebrates its 25th Birthday
Licensed Insolvency Practitioners and turnaround specialists in London & the South look back over 25 years and more than 2,500 appointments.
Directors beware – It is not just business loans from banks that require Personal Guarantees

Directors beware – It is not just business loans from banks that require Personal Guarantees
Personal Guarantees are everywhere in Business. Directors must be vigilant.
HMRC’s Preferential Creditor Status and Preference Payments to Creditors

HMRC’s Preferential Creditor Status and Preference Payments to Creditors
Directors Beware! Do you know what HMRC’s preferential creditor status means for you in insolvency?
Directors must remain vigilant to avoid Wrongful Trading

Directors must remain vigilant to avoid Wrongful Trading
The Covid-19 related suspension of Wrongful Trading Provisions ended on 30th June 2021, however the related business difficulties are still with us.