A Manchester-based company has been shut down after investigations revealed it was acting as a front to enable unlicensed insolvency activities previously carried out by another firm. Davis Acquisitions Ltd became the director of 78 client companies previously associated with Save Consultants Ltd, allowing directors to transfer control and avoid formal insolvency proceedings. Websites of…
Read moreTwo connected corporate rescue firms which encouraged directors struggling with company debts to sell their businesses and avoid liquidation have been shut down. Atherton Corporate (UK) Ltd and Atherton Corporate Rescue Limited, both of which traded under the Atherton brand, claimed their services were ‘a legal alternative to using insolvency practitioners’. They helped sell companies…
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