Creditor meetings could be reduced in an administration
Business Recovery

Creditor meetings could be reduced in an administration

11y Rachael Singh , Writer

Creditor meetings could be reduced in an administr...

Reduction in red tape across insolvency process could save creditors £36m annually and increase communication with less meetings scheduled Read More...

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Directors to be liable for corporate collapses
Business Recovery

Directors to be liable for corporate collapses

11y Rachael Singh , Writer

Directors to be liable for corporate collapses

Vince Cable announces changes to company director disqualifications as he reforms insolvency process Read More...

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Government announces further plans to streamline insolvency
Business Recovery

Government announces further plans to streamline insolvency

11y Rachael Singh , Writer

Government announces further plans to streamline i...

Insolvency Service to hand over regulation of practitioners to an institute and reveals shorter study and exam periods for students Read More...

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Jo Swinson: More needed but insolvency reform step in the right direction
Business Recovery

Jo Swinson: More needed but insolvency reform step in the right direction

11y Accountancy Age

Jo Swinson: More needed but insolvency reform step...

Consumer affairs minister Jo Swinson writes for Accountancy Age on the incoming reforms to insolvency practitioners’ regulation. Read More...

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Insolvency complaints body launched
Business Recovery

Insolvency complaints body launched

11y Rachael Singh , Writer

Insolvency complaints body launched

Government cuts red tape and launches a single complaints gateway across the insolvency profession Read More...

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R3 president asks if Insolvency Service can go further
Business Recovery

R3 president asks if Insolvency Service can go further

11y Accountancy Age

R3 president asks if Insolvency Service can go fur...

The latest government enquiry into the insolvency profession wasn’t all bad, but highlighted that the Insolvency Service needs to do more, writes Liz ...

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Bankruptcies continue to fall
Business Recovery

Bankruptcies continue to fall

11y Rachael Singh , Writer

Bankruptcies continue to fall

Individual insolvencies continue to decline with simplified bankruptcy process DROs, proving more popular than bankruptcies for third consecutive quar...

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Corporate collapses plummet in first quarter of 2013
Business Recovery

Corporate collapses plummet in first quarter of 2013

11y Rachael Singh , Writer

Corporate collapses plummet in first quarter of 20...

Administrations, liquidations and receiverships all continue to decline according to Insolvency Service statistics Read More...

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Government to introduce new sanctions on IPs this summer
Business Recovery

Government to introduce new sanctions on IPs this summer

11y Rachael Singh , Writer

Government to introduce new sanctions on IPs this ...

This summer will see the introduction of a single gateway for complaints and common sanctions for insolvency practitioners rolled out across the regul...

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Government to launch review of pre-pack administrations
Business Recovery

Government to launch review of pre-pack administrations

11y Rachael Singh , Writer

Government to launch review of pre-pack administra...

Government announces that it will undertake an independent review of pre-pack administrations to be launched in late spring Read More...

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IPs need tougher sanctions in pre-packs, says BIS
Business Recovery

IPs need tougher sanctions in pre-packs, says BIS

11y Rachael Singh , Writer

IPs need tougher sanctions in pre-packs, says BIS

Pre-packs need more transparency, claims a Business Innovation and Skills select committee Read More...

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Simplified bankruptcies over-take traditional ones for first time
Business Recovery

Simplified bankruptcies over-take traditional ones for first time

11y Rachael Singh , Writer

Simplified bankruptcies over-take traditional ones...

Bankruptcy takes a back seat to Debt Relief Orders for the first time since its introduction Read More...

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Company administrations hit five-year low
Business Recovery

Company administrations hit five-year low

11y Rachael Singh , Writer

Company administrations hit five-year low

Administrations make dramatic decline but statistics masking true picture of zombie businesses, argue experts Read More...

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Bankruptcies continue to fall in the UK
Business Recovery

Bankruptcies continue to fall in the UK

12y Rachael Singh , Writer

Bankruptcies continue to fall in the UK

Personal insolvency down but simplified bankruptcy gains popularity Read More...

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Government radically overhauls practitioners' rota system
Accounting Firms

Government radically overhauls practitioners' rota system

12y Rachael Singh , Writer

Government radically overhauls practitioners' rota...

The Official Receivers' IP rota faces big changes, with the divvying out of cases set to be completely overhauled Read More...

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Ex-DEFRA head takes Insolvency Service CEO role
Business Recovery

Ex-DEFRA head takes Insolvency Service CEO role

12y Rachael Singh , Writer

Ex-DEFRA head takes Insolvency Service CEO role

Richard Judge is recruited as the next chief executive of the Insolvency Service, succeeding Stephen Speed Read More...

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Fines against IPs increase fivefold in 2011
Accounting Standards

Fines against IPs increase fivefold in 2011

12y Rachael Singh , Writer

Fines against IPs increase fivefold in 2011

Fines against insolvency practitioners increase nearly five times in 2011 compared with 2010 Read More...

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21 IPs reported for pre-pack non-compliance in 2011
Business Recovery

21 IPs reported for pre-pack non-compliance in 2011

12y Rachael Singh , Writer

21 IPs reported for pre-pack non-compliance in 201...

Non-compliance of pre-packs sees 21 practitioners reported in 2011 compared to just 15 in 2010. Read More...

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Insolvency's 'disciplined' future will benefit stakeholders
Accounting Firms

Insolvency's 'disciplined' future will benefit stakeholders

12y Rachael Singh , Writer

Insolvency's 'disciplined' future will benefit sta...

Common guidance to reprimanding IPs could bring greater transparency, but does a highly regulated profession need more guidelines? Read More...

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Personal insolvencies continue downward trend
Business Recovery

Personal insolvencies continue downward trend

12y Rachael Singh , Writer

Personal insolvencies continue downward trend

Bankruptcies fall compared to same period last year but Debt Relief Orders and IVAs continue to grow in popularity Read More...

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Corporate insolvencies fall 1.8% on last year
Business Recovery

Corporate insolvencies fall 1.8% on last year

12y Rachael Singh , Writer

Corporate insolvencies fall 1.8% on last year

Nearly 1,300 corporate insolvencies in Q1 2012, according to the Insolvency Service Read More...

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Insolvency profession to unite on disciplinary measures
Business Recovery

Insolvency profession to unite on disciplinary measures

12y Rachael Singh , Writer

Insolvency profession to unite on disciplinary mea...

Draft proposals on a common approach to reprimanding practitioners will be discussed at next meeting of licensing bodies and regulator Read More...

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Personal insolvencies down in 2011
Company News

Personal insolvencies down in 2011

12y Richard Crump , Writer

Personal insolvencies down in 2011

There were 16,871 company liquidations in 2011 - an increase of 5.1% on 2010 Read More...

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High Court judge warns against bankruptcy proposals
Business Recovery

High Court judge warns against bankruptcy proposals

12y Kevin Reed , Writer

High Court judge warns against bankruptcy proposal...

Stephen Baister warns that government's bankruptcy proposals will fail to remove cost from the process, and has serious implications for the judiciary...

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Insolvency reform - don't cut out the courts
Business Recovery

Insolvency reform - don't cut out the courts

12y Accountancy Age

Insolvency reform - don't cut out the courts

Using unqualified adjudicators on bankruptcies will add cost, and offer a quasi-judiciary system, warns judge Stephen Baister Read More...

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ICAEW criticises suggestion of single insolvency regulator
Accounting Standards

ICAEW criticises suggestion of single insolvency regulator

12y Rachael Singh , Writer

ICAEW criticises suggestion of single insolvency r...

UK’s largest regulator believes money could be better spent elsewhere in these tough economic times Read More...

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Ed Davey calls for single insolvency regulator
Accounting Standards

Ed Davey calls for single insolvency regulator

12y Rachael Singh , Writer

Ed Davey calls for single insolvency regulator

Minister plans to drop ICAEW, ACCA and CIMA as regulators of insolvency profession and to remove the Insolvency Service’s role as licensor Read More...

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