21
JulWhen a winding up petition has been issued, any disposition of assets made after that date is void. This can mean that payments to suppliers, who are unaware of the petition as it may not have been advertised, can be recovered by a liquidator. Section 127 of the Insolvency Act 1986 allows the Court to validate such […]
27
JanIt will be interesting to see how the hotel, pub and restaurant sectors have fared after the traditionally busy Christmas and New Year season is over. This is a traditionally volatile sector, characterised by a high volume of start-ups and failure rates, where operators are vulnerable to the ebb and flow in consumer spending. The Exaro Insolvency[…]
