When businesses struggle with cash flow it can put an immense strain on its stakeholders. We understand that managing creditor pressure can be hard and seeking advice early gives your business the best shot at avoiding insolvency proceedings. Whether you are in arrears with payments to HMRC, have received a winding up petition, need to enter into arrangements to allow you time to pay or are potentially facing insolvency, we are here to help you.
Since the coming into force of the Corporate Insolvency and Governance Act 2020 and along with it, the restrictions on creditors using statutory demands and winding up petition, judgment creditors have had to find suitable alternatives to extract funds from companies which appear unable to pay their debts. Although many of those restrictions have recently…Read full news story
Stephen has developed a broad practice to assist the diverse range of assistance our commercial clients requires. He had advised clients in the energy, real estate, automotive and financial services sectors. He has acted in disputes involving claims for breach of contract, fraud, misrepresentation, breach of fiduciary duty and insolvency. His multi-disciplinary experience means Stephen…
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The family court’s rejection of more than two dozen ‘copy and paste’ divorce petitions has proved the importance of seeking expert legal advice, according to Thursfields Solicitors. The leading Midlands law firm was commenting after Mr Justice Moor rejected a total of 28 petitions from the same online divorce company because they cited “absolutely identical”…Read full news story
A Herefordshire classic car and motorcycle parts business has been acquired in a deal advised by Thursfields Solicitors’ corporate team. Corporate director Tim Edwards, assisted by Ellie Bryan, advised Jeremy Holden, the founder of Holden Vintage & Classic Ltd, which is based on Linton Trading Estate, Bromyard, to SNG Barratt Group Ltd in Bridgnorth, Shropshire,…Read full news story