CVAs can help businesses through difficulties

15 July, 2020

CVAs: flexible business aid or delaying the inevitable?

Stories of companies going bust and redundancies currently litter news sites and TV bulletins. But a number of big name brands have opted to use a company voluntary arrangement (CVA) as a means of sur...
Covid-19, coronavirus, hits markets

22 May, 2020

FRC urges companies to provide ‘full disclosure’ of survival prospects

UK companies are under notice to be transparent about their prospects for survival as a result of the Covid-19 crisis. The warning comes from the
insolvency

25 May, 2018

Measures to protect stakeholders in insolvent firms proposed

Measures to reduce the risk of major company failure through poor governance or stewardship, and to strengthen the responsibilities of directors of firms in or approaching insolvency, have been propos...
Oil refinery

12 April, 2018

Former Afren chiefs disqualified as directors by Insolvency Service

Top directors of former FTSE 250-listed oil company Afren have been disqualified from running companies for 14 years. Osman Shahenshah, the former chief executive of Afren, and Shahid Ullah, former...
Greg Clark, business secretary, governance reform

20 March, 2018

UK directors and shareholders face tougher post-insolvency regulation

Punishing the bad behaviour of directors and recouping creditor funds during corporate insolvencies is the target for the UK government. A consultation by the Department for Business, Energy & ...