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We often see directors in receipt of excessive remuneration packages. At what point could they be challenged by a liquidator as a transaction at an undervalue and therefore repayable?....
We often get involved in the sale of an insolvent business or get asked questions from potential purchasers or their professional advisers. Here are a few points...
To celebrate his final year at Stirling University Matt Corfield has brought together a team of volunteers from his fellow students to travel to Bangalore in May to coach football to children at the Parikrma Foundation....
New rules come into force from 6th April 2017 which are a major overhaul aimed at updating present insolvency procedures that have been in force since the Insolvency Rules 1986....
In December 2016, Tim Corfield of Griffin and King, was approached by a transportation business in desperate need of bringing their affairs to a conclusion...
A recent failure of a health spa (Creditors Voluntary Liquidation) where vouchers were purchased as gifts (both directly with the company and via third party providers) but not redeemed before the company ceased to trade highlights the protection that is offered by paying with “plastic”....
In December 2016 Griffin & King were approached by a menswear manufacturer and retailer...
If anybody is struggling to pay HMRC or any other debt please contact us today on 0843 783 2770...
Griffin and King would like to wish you a Merry Christmas and a Happy New Year!....
I was listening to “Wake up to money” a few days ago and heard an interesting story....
Would you like to join one of the busiest, well established and successful firms in the Midlands?...
Current legislation will be replaced by new consolidated rules, The Insolvency Service has announced. A move to reflect modern business practice....
Research carried out by R3 has suggested that three out of every four British firms are yet to feel any impact, positive or negative, from this year’s Brexit vote....
According to The Insolvency Service there was a two percent rise during the third quarter of 2016 on the three months prior. An estimated 3,633 companies failed....
The Royal Bank of Scotland are projecting that they will have to refund SMEs £400m that were referred to, and claimed to be pushed into administration by, its Global Restructuring Group (GRG)....
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