23rd April 2020

Could Debenhams’ ‘light touch’ insolvency help firms struggling with pandemic?

High street stalwart Debenhams has become the first UK business to start a new kind of insolvency process – one designed to protect companies from their creditors during the pandemic. The new ‘light touch’ administration […]
27th January 2020

Struggling Cheshire Pizza Chain Tre Ciccio Enters ‘Temporary Administration’

Pizza chain Tre Ciccio has entered ‘temporary administration’ as it tries to shore up the business finances. The Italian restaurant group, which has sites in Bramhall, Altrincham and Ramsbottom, appointed administrators on 17 January. The […]
11th February 2019

Company Voluntary Arrangement vs. Administration: What’s Right For Your Business?

When a company is insolvent, directors have a legal responsibility to take action. At this point, the directors should approach a Licensed Insolvency Practitioner who will advise them on the best course of action. Depending […]