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Redundancy pay advice for directors

  It is a common assumption by directors of insolvent companies that they have no statutory rights in relation to redundancy, which is leading to a considerable number of directors missing out on claiming what can be a substantial sum. If a company is struggling financially, despite

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Insolvency Statistics for 2017

The Insolvency Service have now released the latest statistics for the final quarter of 2017 which allows us to analyse the year of 2017 as a whole. The key messages that stand out are; Companies in 2017 ·         In 2017, one in 213 companies entered liquidation. ·        

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Funding boost supports further growth at Focus Insolvency Group

Funding boost supports further growth at Focus Insolvency Group

After achieving record levels of growth during the last 12 months, Wigan based insolvency and corporate restructuring specialist, Focus Insolvency Group, is set for further expansion following a new six figure funding deal with Royal Bank of Scotland. Designed to support rapid ongoing growth, the deal has

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Corporate insolvencies remain broadly flat while personal insolvency increased in 2016

On 27 January 2017, The Insolvency Service released statistics of the number of corporate and personal insolvencies in Q4 2016. Despite the majority of Insolvency Professionals voicing their concerns over the impact Brexit would have on insolvency numbers, the number of corporate insolvencies remained broadly flat. However,

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