Rapid Distribution of Funds to Shareholder

In December 2008 we were appointed Liquidator of the solvent liquidation of an investment company.

Within 3 months of appointment a distribution of over 70% of the shareholders' funds had been made. 4 months later a second and final distribution was made bringing the total funds distributed in this case to £491,000 and the associated tax savings of the distribution attracting Capital Gains Tax rather than Income Tax.  

We have advised and assisted Byrne Associates in respect of construction matters for many years. In this time all staff have demonstrated their in depth knowledge of insolvency procedures Terry Blazey (TFB Associates )