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Latest Insolvency News & Articles

Our latest corporate recovery and insolvency news togeather with practice updates, written by licensed insolvency practitioners.

BHS Enters Administration

Well known high street store BHS enters Administration

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Posted on 25 April 2016

Update on Insolvency Practitioners Loss of No Win No Fee

Shadow Justice Minister, Christina Rees tabled parliamentary questions on behalf of R3, the body which looks after the interest of Insolvency Practitioners.

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Posted on 22 March 2016

Insolvency Profession Disappointed Over Loss of 'No Win No Fee'

Insolvency Practitioners and R3 have expressed disappointment with the government's decision to end the exemption for insolvency litigation from the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (LASPO).

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Posted on 20 January 2016

Debt Advice Firm Director Banned

The boss of a so called debt management company, Marketing and Lead Generation Limited (MLG) trading as One Debt Solution, fined £330,000 and disqualified as acting as a company director for 11 years.

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Posted on 13 January 2016

Byrne Association with Kirk Byrne

Byrne Associates are excited to announce that we are working in association with Kirk Byrne in order to provide the highest standard of Rescue, Recovery and Insolvency services for both clients and their professional advisors.

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Posted on 11 January 2016

Payday Lender Cash Genie in Liquidation

Payday lender which owed 1,000's of customers compensation has gone into Liquidation.

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Posted on 7 January 2016

Medium Sized Firms Most at Risk of Insolvency

Research based on R3's Businesses Distress Index claims to have found that 14% of medium-sized firms (employing 50 to 250 staff) were owed money by an insolvent company in 2015.

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Posted on 5 January 2016

Entrepreneurs Relief and Insolvency

Entrepreneurs Relief which is a scheme available to directors who own 5% or more of a company and entitles them to a reduced, 10% tax rate on capital gains up to a lifetime limit of £10m. The relief could save entrepreneurs up to £1.8m of capital gains tax on disposal of £10m shares.

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Posted on 3 December 2015

Redundancy/Insolvency 'Workable Solution'

R3 the trade body for the Insolvency Profession has criticised the government's response to its own call for evidence on consulting on redundancies in insolvencies for failing to provide a workable solution.

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Posted on 25 November 2015

HMRC to Close 137 Offices

HMRC have revealed plans to close 137 regional offices and open 13 new regional tax centres.

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Posted on 18 November 2015

Get specialist advice and assistance on all aspects of company insolvency from the team at Byrne Associates by calling us on 01275 464 038 today.

Recent amendments to the Insolvency Act now allow creditors to access reports via the officeholders website

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