able to make a claim for redundancy and notice pay from The Redundancy Payments Service
the property was sold enabling a repayment to the bank and as a result a substantial reduction in the director's personal liability
As Liquidator we always strive to rescue a business where possible and only when that is not possible will we consider a formal wind down of the business
It is noteworthy that this is the second instruction we have received from this director which is evidence of his appreciation of the professional manner
successfully complete several projects which resulted in enhanced realisations
We worked with specialist construction surveyors to assess the contracts and obtain the best settlement possible
The company's assets were sold realising c£85k enabling a substantial dividend to be paid
In this case a further unsecured dividend was able to be made from non charged assets.
The directors of the company successfully made claims for redundancy pay and notice pay from the Redundancy Payment Service
This particular appointment is the second time the director had appointed Byrne Associates in the space of 4 Years
Unburdened by 2 premises the directors continue to trade from the remaining premises.
the Liquidator was able to guide the directors smoothly through what for the directors was a difficult time.
It is important to take early advice - whilst all options are still open. The longer matters are left, the less control you will have over the outcome, and the harder it becomes to save a business
25 April 2016
22 March 2016
20 January 2016
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