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Wrongful Trading, Director’s Duties and, of course, COVID-19

COVID-19. The country faces total lockdown, whilst the world’s health care services desperately try to reduce the tragic effects of the coronavirus pandemic in December 2019. By now, there are ample free resources and materials being made available to help businesses...

Thomas Cook – what now?

On 23 September 2019, Thomas Cook Group PLC and associated companies were placed into insolvent liquidation. As with all insolvent liquidations upon the granting of the winding up order, the Official Receiver was appointed as the Liquidator to commence the...

The Pitfalls of Personal Guarantees in Insolvency Proceedings

Bimal Kotecha highlights matters to consider before enforcing a personal guarantee in insolvency proceedings. Our Insolvency team is regularly instructed to pursue and defend bankruptcy proceedings arising from written personal guarantees given by individuals. Most...