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So far Viv1 has created 133 blog entries.

Cross-Border Insolvency and Technology: Emerging Trends and Challenges

In an increasingly interconnected global economy, the concept of 'Cross-Border Insolvency' is becoming more important than ever, especially within the UK's legal and financial sectors. This blog post explores the meeting of cross-border insolvency and technology, focusing on the emerging trends and challenges of professionals in this field. The Evolving Landscape of Cross-Border Insolvency Cross-border [...]

By |2024-01-02T04:33:51+01:00January 2nd, 2024|Business Insolvency|Comments Off on Cross-Border Insolvency and Technology: Emerging Trends and Challenges

The Role of UNCITRAL Model Law in UK Cross-Border Insolvency Cases

Insolvency and liquidation can be complex, and the global landscape often requires a nuanced approach to address cross-border challenges. The United Nations Commission on International Trade Law (UNCITRAL) Model Law has emerged as a crucial framework, providing guidelines for the recognition and enforcement of insolvency-related judgments in different jurisdictions. Insolvency, representing a financial state where [...]

By |2023-12-18T18:33:01+01:00December 18th, 2023|licensed insolvency|Comments Off on The Role of UNCITRAL Model Law in UK Cross-Border Insolvency Cases

Tuffnells Parcels Express Bankruptcy: A Signpost on the Rough Road of Business Resilience

In the challenging landscape of 2023, the term 'Tuffnells Parcels Express Bankruptcy' has become a somber keyword for discussions around business resilience and continuity. The collapse of this erstwhile thriving delivery company has not only led to the unfortunate redundancy of over 2,000 employees but also served as a stark reminder of the fragility of [...]

By |2023-12-04T13:23:09+01:00December 4th, 2023|Liquidation|Comments Off on Tuffnells Parcels Express Bankruptcy: A Signpost on the Rough Road of Business Resilience

UK’s Second Largest City Birmingham Has Declared Itself Bankrupt; Here’s Why

In a move that has shocked many, Birmingham, the UK's second-largest city, has declared itself bankrupt. This announcement sent ripples across the nation, bringing to light the severe financial strain that local councils are facing. As insolvency experts, we’re here to unravel the complexities of this situation and explore why Birmingham has found itself in [...]

By |2023-11-28T05:55:46+01:00November 28th, 2023|Legal Updates|Comments Off on UK’s Second Largest City Birmingham Has Declared Itself Bankrupt; Here’s Why

Liquidating Assets in CVL: What Happens to Business Property and Investments?

Liquidating assets in a CVL (Creditors’ Voluntary Liquidation) is a significant step for any business. It marks the point when a company, guided by an insolvency practitioner, opts to bring its affairs to an orderly end. The process can be complex, involving the disposal of business property and investments to meet creditor claims. This article [...]

By |2023-11-20T17:33:42+01:00November 20th, 2023|licensed insolvency|Comments Off on Liquidating Assets in CVL: What Happens to Business Property and Investments?

Individual Voluntary Arrangement for Students: Dealing with Education-Related Debt

Financial stress is an unwelcome companion for many university students. With the increasing costs of tuition, textbooks, accommodation, and day-to-day living, it's not surprising that many students graduate with a significant amount of debt. While student loans provide an accessible way to finance studying, repaying them can be daunting, especially if you’re unable to secure [...]

By |2023-11-09T08:31:14+01:00November 9th, 2023|Legal Updates|Comments Off on Individual Voluntary Arrangement for Students: Dealing with Education-Related Debt

Individual Voluntary Arrangement and Self-Employment: Navigating Debt Solutions for Business Owners

Owning a business is a journey of highs and lows. For self-employed individuals, financial stability is as essential as the services they offer. Yet, there are times when debts become overwhelming, and a sustainable solution is needed. For self-employed professionals in the UK, an Individual Voluntary Arrangement (IVA) could be the answer. Specifically tailored for [...]

By |2023-11-09T08:23:10+01:00November 9th, 2023|Legal Updates|Comments Off on Individual Voluntary Arrangement and Self-Employment: Navigating Debt Solutions for Business Owners

Individual Voluntary Arrangement FAQs: Answers to Your Most Common Questions

Navigating through financial turbulence often leads individuals to seek strategic ways to manage their debts. An Individual Voluntary Arrangement (IVA) is a viable alternative for many within the UK, offering a structured path to address insolvency issues while maintaining a degree of financial stability. So, our expertise as licensed insolvency practitioners means we’re here to [...]

By |2023-11-03T19:16:35+01:00November 3rd, 2023|Business Rescue|Comments Off on Individual Voluntary Arrangement FAQs: Answers to Your Most Common Questions

Uncovering Fraudulent Activities: Understanding Fraud Under the Insolvency Act 1986

When a company enters into liquidation, it becomes more likely that cases of fraudulent trading might become known. The activities of a business are investigated once it enters into liquidation and as such, if the directors of a business have acted in an improper manner then this will come to light. Acting fraudulently deliberately is [...]

By |2023-10-23T20:44:49+01:00October 23rd, 2023|Industry News|Comments Off on Uncovering Fraudulent Activities: Understanding Fraud Under the Insolvency Act 1986

Individual Voluntary Arrangement and Homeownership: Protecting Your Property

There are a number of terms which are thrown around when debt and money trouble are discussed. One of the more common terms is an Individual Voluntary Arrangement (which is usually referred to as an IVA). An IVA is a formal and legally binding agreement which is formed between an individual and their creditors. Its [...]

By |2023-10-23T20:32:15+01:00October 23rd, 2023|Legal Updates|Comments Off on Individual Voluntary Arrangement and Homeownership: Protecting Your Property
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