Stronachs Restructuring & Insolvency

Stronachs LLP, Restructuring and Insolvency Team

[Stronachs Restructuring & Insolvency @StronachsRI]

@insolvencygovuk latest figures for Scottish corporate insolvencies show little change for the first quarter, unlike the continuing increase in E&W. Given the ongoing challenges, we may follow. Take business advice now from your accountant or lawyers #restructuring #insolvency

[Stronachs Restructuring & Insolvency @StronachsRI]

Free guidance for directors @R3PressOffice "Businesses whose directors seek advice early typically have a better outcome than those who don’t" #insolvency #restructuring https://t.co/MujzTShR2E

[Stronachs Restructuring & Insolvency @StronachsRI]

CGL Realisations Limited (aka Comet Group Limited), subject to an ongoing appeal, although repayments have started, @InsolveInsider reports this is thought to be the largest unfair preference award ever made by the High Court. #insolvency #retstructuring
https://t.co/kq7KnxjG2n

[Stronachs Restructuring & Insolvency @StronachsRI]

@InsolveInsider CGL Realisations Limited (aka Comet Group Limited) subject to appeal, this is perhaps the largest unfair preference award ever made by the High Court #insolvency #restructuring
https://t.co/kq7KnxkdRV

[Stronachs Restructuring & Insolvency @StronachsRI]

Cashflow is king might be an old saying but it's no less relevant to businesses facing today's challenges. Seek help from a professional as @RichardBJC encourages when considering @R3 analysis of the increase in overdue invoices #restructing #insolvency https://t.co/RNsHPCh3my

[Stronachs Restructuring & Insolvency @StronachsRI]

Government Companies House changes will fail without reforms, R3 warns #https://www.r3.org.uk/press-policy-and-research/news/more/31574/page/1/ #insolvency #restructuring

[Stronachs Restructuring & Insolvency @StronachsRI]

@R3PressOffice Government efforts to reform Companies House won’t achieve their aims without closing risky loopholes, insolvency and restructuring trade body R3 has warned https://t.co/OqecTunQ5o #insolvency #restructuring

[Stronachs Restructuring & Insolvency @StronachsRI]

FRP Advisory secures sale of three care homes - 165 jobs are expected to be saved. If your business is struggling, ensure you take early advice from your accountants and solicitors @ScotsFinancial https://t.co/UXAfam6HBG #insolvency #restructuring

[Stronachs Restructuring & Insolvency @StronachsRI]

Company found liable in damages for breach - "Liquidation does not, without express provision, terminate or invalidate a contract" take legal advice and ensure your contract terms are fit for purpose https://t.co/FGUrgTT0uI #insolvency #restructuring #contracts

[Stronachs LLP @StronachsLLP]

#Legalcareer #Traineeship2023
We are looking to recruit a further 2 trainees to join us in September 2023. Details of how to apply are on our website https://t.co/eqj0sCeWch
#jointheteam

[Stronachs Restructuring & Insolvency @StronachsRI]

22-year sequestration case that started over a disputed £230 bill ends in sale of castle for £1.25m
https://t.co/FZJIYkuduF #insolvency #restructuring

[Stronachs Restructuring & Insolvency @StronachsRI]

Scottish insolvencies fall as UK stands on brink of recession @InterpathAdv update on the challenges the hospitality and retail continue to face. Take timely advice from your accountant and solicitor @ScotsFinancial https://t.co/K0kk2dSGtD #insolvency #restructuring

[Stronachs Restructuring & Insolvency @StronachsRI]

The Government's latest insolvency figures shows a dip for December compulsory liquidations but expectations are this will increase again. Timely advice from your accountant and lawyer is critical whether you are a creditor or debtor #insolvency #restructuring

[David Menzies CA @DavidMenziesCA]

Find out about changes to bankruptcy and Debt Arrangement Scheme in Scotland which become effective from 6 February 2023 in this @ICASaccounting article.
👉https://t.co/z3ciGw98Du

[Meston Reid & Co @MestonReid]

The cost of living crisis, low wages, and #inflationary pressures have created the most difficult conditions that the North East of Scotland has seen for many years.

Michael J M Reid gives his thoughts and advice about personal financial management https://t.co/D125Y3FIwC

[Accountant in Bankruptcy @AiB_updates]

Amendments to Bankruptcy and DAS regulations.

Key changes come into force on 6 February 2023:
https://t.co/SKYB2K2EAE

[Stronachs Restructuring & Insolvency @StronachsRI]

https://t.co/bigjRUgXM1 highlights the resilience of companies against a backdrop of diminishing support. Don't delay to seek professional advice from your lawyer & accountant #insolvency #restructuring

[Stronachs Restructuring & Insolvency @StronachsRI]

the @insolvencygovuk latest statistics show CVLs continues to be the main driver but compulsory liquidations are on the increase. Seek timely advice from your solicitor and accountant whether you are the creditor or the debtor #restructuring #insolvency

[David Menzies CA @DavidMenziesCA]

🆕Revised SIP 3.1 (IVAs) issued by ICAS - The Professional Body of CAs and other RPBs
✔Greater emphasis on debt advice and available solutions
✔More diligence on referrers
✔Effective for nominee appts on/after 1 March 2023
👉More at https://t.co/Lz2DoDyILp

[David Menzies CA @DavidMenziesCA]

🆕 Catch up with the latest developments during December in the latest Insolvency Technical Update from @ICASaccounting curated by @StevenWoodICAS
👉https://t.co/NanTXrX2Vt