Is your company facing bankruptcy in the recession? -
by
Steve Thatcher
Company bankruptcy is a term often used in the media by mistake to describe a company liquidation, or CVL. The print and spoken media also interchange without much recognition of the mistakes they are making, the terms receivership and administration. Everybody has heard of the...
Partnership Turnaround -
by
Steve Thatcher
Partnership turnaround, is a specialist discipline, undertaken by what the insolvency industry terms “turnaround accountants”. They market themselves as uniquely placed and experienced in saving businesses, without the need on all occasions for the partnership or company in question to enter a formal insolvency arrangement....
Partnership Voluntary Arrangement - a brief guide -
by
Steve Thatcher
The term partnership voluntary liquidation describes the process by which a partnership is wound up by its partners. For this to happen there would have had to have been a catastrophic failure of the partnership with no chance of saving any business or assets. Indeed...
Partnership Liquidation - what you need to consider -
by
Steve Thatcher
Where the partners have decided that the partnership has no viable future or purpose then a decision may be made to cease trading and wind up the partnership. As with winding up a company there are two basic ways that the partnership can be wound...
Voluntary Liquidation - a brief guide -
by
Steve Thatcher
If you think that your company is in trouble then you may need to speak to someone who is able to advise you on the effects of voluntary liquidation. It is often also called creditors voluntary liquidation or CVL, as it involves the creditors, at...
