Jeremy Boyle

A director’s loan account (DLA) is a record of any money a director either borrows from or lends to the company, separate from salary, bonuses, or dividends. The DLA is an essential part of company accounting, especially for small and medium-sized businesses. When operated correctly, it can help the company and its directors manage liquidity, […]

For directors managing financially distressed companies, a comprehensive understanding of transactions at an undervalue (TUV) is not just beneficial, but crucial, especially when navigating insolvency. In this guide, we delve into transactions at undervalue, emphasising its definition, examples, potential consequences, and the relevant legal framework, particularly within the context of the Insolvency Act 1986. What

What is Commercial Arbitration? Commercial arbitration is a method for resolving business disputes. Unlike traditional court litigation, arbitration offers a private, streamlined, and often more efficient way to handle company conflicts. Corporate arbitration can address a wide range of disputes, from breaches of contract to complex financial disagreements. This quick guide explores international commercial arbitration,

Commercial Litigation Commercial litigation is a proven method for resolving commercial disputes, helping businesses achieve legally binding outcomes that protect their financial and operational interests.   To help you navigate the complexities of legal conflicts in the commercial world, this comprehensive guide provides an overview of what commercial litigation entails, explores common types of commercial

International arbitration resolves disputes between companies or individuals from different countries. Offering an unbiased way to resolve cross-border disputes, international arbitration is often more agreeable than using one party’s national court. However, getting to grips with international arbitration can be difficult. In this extensive international arbitration guide, we provide a handy overview of international arbitration,

Civil Fraud Explained Civil fraud is a growing concern. In 2023, the overall reported value of fraud in the UK more than doubled compared to the previous year, reaching approximately £2.3 billion. A few high-value cases drove this sharp increase, but the number of reported fraud incidents increased by 18% to a three-year high. In

What is the Insolvency Act 1986? Insolvency happens when an individual or business runs out of money and can no longer meet its financial obligations. The legal framework for dealing with personal and corporate insolvency is primarily governed by the Insolvency Act 1986. The Insolvency Act 1986 covers: The process by which individuals or companies

According to insolvency experts, more than 47,000 UK companies are on the brink of collapse. High interest rates, inflation, increasing costs, and weak consumer confidence have all contributed to a difficult economic climate that many businesses are finding challenging to overcome.  If you are facing the threat of company insolvency, early action may help you