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Can a Company Director be Personally Liable for a Bounce Back Loan?

UK banks have warned that between 40%-50% of companies will default on their Bounce Bank Loans. For many company directors, the Bounce Back Loan was their last chance of saving …

Help and Support for Businesses Affected by Coronavirus (COVID-19)

Here at AABRS we’re here to offer advice and support to help your businesses survive the financial pressures of COVID-19. If your business has been affected, you will likely know …

Carillion Liquidation

Carillion PLC Collapse: the Latest on the Support Services Provider

Carillion PLC goes into Liquidation Carillion PLC, one the UK’s largest support services contractors, with interests in everything from construction work on the HS2 rail project to running prisons, hospitals …

UK Budget 2017 AABRS

Budget 2017: How will it Affect the Insolvency & Restructuring Profession?

Delivering a budget is no easy task for a chancellor. For Mr Hammond, the challenge lay in maintaining strict control of the public purse whilst boosting business confidence ahead of …

An Introduction to Receivership

Administrative Receivership is the process where the holder of a qualifying floating charge appoints an administrative receiver to realise the assets of a company that has breached the terms of …

Section 216 AABRS

Section 216 and the Prohibitions on The Reuse of a Company Name After Liquidation

If you’ve been a director of a company that has gone into liquidation, you are bound by certain laws that govern your involvement with companies with the same or a …

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