by Margo McLenan | Feb 5, 2024 | Insolvency Advice, Insolvency Practitioner, Latest News
The field of insolvency, particularly in Scotland, is shrouded in complexities. One frequent question revolves around the remuneration of Insolvency Practitioners (IPs). Who pays them, and how does the process work? This article aims to demystify the subject,...
by Margo McLenan | Dec 4, 2023 | Insolvency Advice, Insolvency Practitioner, Latest News
Timely Intervention: Why Engaging an Insolvency Practitioner Early is Crucial for Business Owners In the complex landscape of business finance, the role of an Insolvency Practitioner (IP) is often misunderstood and the value they may add underestimated. Many business...
by Margo McLenan | Nov 20, 2023 | Insolvency Advice, Insolvency Practitioner, Latest News
For a director in Scotland, facing the murky waters of potential insolvency can be daunting. As the person at the helm of a company, certain responsibilities and duties are placed upon directors during insolvency proceedings. These duties are outlined in UK Company...
by Margo McLenan | Oct 16, 2023 | Insolvency Advice, Insolvency Practitioner, Latest News
Navigating the challenges of business, especially when facing financial distress, is undoubtedly daunting. During these times, the decisions made can significantly impact not only the business’s future but also the lives of stakeholders involved. One of these...
by Margo McLenan | Oct 9, 2023 | Insolvency Advice, Insolvency Practitioner, Latest News
When you’ve poured time, energy, and resources into building and nurturing a company, the very thought of it facing financial struggles can be devastating. Yet, in the challenging world of business, financial turbulence is not uncommon. While the spectre of...
by Margo McLenan | Oct 2, 2023 | Insolvency Advice, Insolvency Practitioner, Latest News
In the ever-turbulent world of business, it’s not uncommon for companies, irrespective of size or industry, to experience setbacks. Economic downturns, industry shifts, or even internal management issues can sometimes send a firm into treacherous waters....
