All posts from August 2019

When is administration appropriate?

Posted By: on 22nd August 2019 under Administration

Administration is an insolvency process that protects a limited company and it’s assets from any legal process. Where a company is coming under pressure from it’s creditors for non-payment of debts and creditors are threatening legal proceedings or a winding up petition, the company may need the protection administration brings to provide time to determine […]

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Can I re-use my Company’s name?

Posted By: on 15th August 2019 under insolvency

Except in certain circumstances, Section 216 of the Insolvency Act 1986 prohibits the re-use of a company name where a company has entered insolvent liquidation.  The section does not apply in any other insolvency process unless insolvent liquidation follows administration or a Company Voluntary Arrangement. Section 216 states that: Any person that has been a […]

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