Insolvency

When company directors breach their duties, it can be difficult for shareholders to take direct action. That’s where derivative claims come in – a complex but powerful remedy designed to hold directors to account when the company’s own management will not. In this guide, we explain how derivative claims work under UK company law, when […]

When a company falls behind on its debts, few events are more serious than a winding-up petition. It signals that a creditor has lost confidence in being paid and is asking the court to close the company down. In this guide, we explain what a winding-up order is, how the process works, and what options

If you’ve taken on the role of company director, you’ve accepted a position built on trust. Investors, shareholders, employees, and the wider public all expect you to put the company’s best interests before your own. Failing to uphold your fiduciary duties can have severe consequences, affecting your reputation, career, and financial position. In this guide,

A statutory demand is a formal, legally prescribed notice demanding payment of a debt. With strict deadlines and a clear warning of insolvency action, statutory demands send a powerful message: pay now or face the consequences.  For directors, knowing how to use a statutory demand can make the difference between a swift resolution and a

In business, reputation is everything. So when a competitor crosses the line, an online post spreads falsehoods, or confidential data finds its way into the wrong hands, the fallout can be swift and damaging.   In these moments, acting quickly and decisively is critical. That’s where a cease and desist letter comes in – a

When a business is under financial pressure, corporate debt restructuring can offer a lifeline. Helping companies survive, regain control of their finances, and protect stakeholder interests, it’s a practical way forward that avoids the harsh consequences of insolvency. In this guide, we take you through the key aspects of corporate debt restructuring, from the options

Change is often necessary for survival and growth, whether due to economic shifts, evolving market demands, technological disruption or financial distress. One of the most strategic ways a company can adapt is through corporate restructuring. In this guide, we explore the ins and outs of corporate restructuring – what it is, when it might be

If you plan to buy or sell a business in the UK, one of the most important legal documents you’ll encounter is the Asset Purchase Agreement (APA). Whether you’re a buyer looking to acquire specific business assets or a seller keen to divest in a structured and secure way, a well-drafted APA is essential.  

If you or your company are facing serious financial difficulties and can’t pay your debts (or your debts are greater than the value of your assets), you must comply with UK insolvency law. One key responsibility during such times is to treat all creditors fairly – no preferential payments to friends, family, or favoured suppliers.