Using existing legislation with the use of a Company Voluntary Arrangement (CVA) and the provisions within the new restructuring bill currently being considered by parliament, may be more readily used as a mechanism to formalise restructuring plans.
As news hits the headlines this weekend that yet another high street retailer is seeking a rent reduction, the consequences of the decline in high street footfall for corporate retailers are now well recognised. With many vacant premises, less choice for shoppers and the cost of car parking,...
Could this be the start of things to come? While the interminable negotiations over Brexit are doing little to reassure businesses about the future, the Association of British Insurers (ABI) reports that 57 businesses a day are seeking help with debt. Politicians may be in charge of our Brexit...
Leading insolvency practitioners Dunedin Advisory have strengthened their management team with two new appointments. Linda Grant joins the firm as Business Development Director and Angela Paterson joins as Associate Director.
Insolvency specialists Dunedin Advisory target ambitious growth with new brand and additional office
Leading insolvency practitioners Christine Convy and Jenn Stewart have launched Dunedin Advisory, specialising in personal and corporate insolvency, restructuring and recovery, targeting ambitious growth. With a new brand and a new office in the City Quay area of Dundee to complement their established offices in Glenrothes and Glasgow, the...
The Debt Arrangement Scheme (DAS) has proven to be very successful since its introduction 14 years ago. Following recent consultations on proposals for improvements, the Accountant in Bankruptcy (AiB) has now set out its plans for a raft of reforms to help DAS reach its full potential by making...