Moore Stephens appoint new Partner

18th August 2016 Commercial Credit Management |

Accountancy firm Moore Stephens has appointed Lee Causer as partner working in its restructuring and insolvency team.  

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1.4 million SMEs write-off debt each year

2nd August 2016 Commercial Credit Management |

Research released by Bibby Financial Services suggests that 1.4 million SMEs are forced to write-off debt each year. Findings from Bibby Financial Services’ SME Confidence Tracker report for Quarter 2, undertaken before the EU referendum, show that 27 per cent of SMEs have written-off money in the past year. Across the business population, findings equate to…

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Company Insolvencies decrease: The Insolvency Service

29th July 2016 Commercial Credit Management |

The latest results Insolvency statistics from The Insolvency Service for Quarter 2 (April to June 2016) reveal that Company Insolvency numbers have gone down. The main findings of the report were: Total company insolvencies were lower than the previous quarter and also decreased on the year This decrease was mainly driven by a decrease in compulsory…

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Hopes for BHS rescue fade as administrators prepare to shut 20 stores

14th July 2016 Commercial Credit Management |

https://www.theguardian.com/business/2016/jul/15/hopes-for-bhs-rescue-fade-as-administrators-prepare-to-shut-20-stores

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Lowcosttravelgroup collapses blaming Brexit vote

14th July 2016 Commercial Credit Management |

http://news.sky.com/story/travel-firm-collapses-blaming-brexit-vote-10502946

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Partner added to CVR Global team

12th July 2016 Commercial Credit Management |

Elias Paourou has been promoted from Director to Partner at CVR Global.

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The Insolvency Service plans fee rises for creditors

6th July 2016 Personal Insolvency |

Fee increases set by the Insolvency Service for corporate and personal insolvencies.

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Uncertainty for businesses and UK insolvency regime following Brexit

3rd July 2016 Personal Insolvency |

“Leaving the EU will have a major impact on the way corporate insolvency works in the UK.   “Domestic insolvency legislation itself is likely to be unaffected, the insolvency profession is involved in a lot of cross-border work in Europe. One key change is that it could become much harder to retrieve assets on behalf…

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Varden Nuttall placed into Administration

11th March 2016 Commercial Credit Management |

Former Insolvency Practitioner placed into administration. FRP Advisory LLP and Harrisons Business Recovery acting as agents of the Company.

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