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Business Insolvency Solicitors for Brierley Hill

FS Legal Solicitors LLP

A niche practice specialising in: Financial Services Law, Professional Negligence, Commercial Law, Employment Law, Regulatory/Disciplinary Advice, Insolvency/Enforcement, and Dispute Resolution. They are ranked in Chambers & Partners and Legal 500; plus shortlisted in the Birmingham and Manchester Legal Awards.  
Address 1 Hagley Court South, Waterfront East, Brierley Hill, DY5 1XE
Web http://www.fsl.legal
Email enquiries@fsl.legal
Phone 01384 889900
ScalesThey work on: Unfair/Constructive Dismissal, Professional Negligence, Legal Services, Intellectual Property, Employment Dispute, Discrimination and Harassment, Disciplinary Defence, Debt Recovery, Debt / Bankruptcy, Consumer Rights Dispute, Business/Commercial Law, Business HMRC & Tax Law Help, Business Dispute Resolution, Business Debt/Insolvency. More Solicitors in Brierley Hill »
FS Legal Solicitors LLP


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Brierley Hill Information:




Commercial Bankruptcy Information:

[snippet ...] An informal agreement is not legally binding and a creditor can withdraw the agreement at any time. However, company directors may be able to take action that allows the company to continue trading. However, your company can still be wound up with the agreement of the court. While the administrator is in charge, your creditors can't take legal action to recover their debts or start compulsory liquidation without the permission of the court. You must apply to the court within 5 working days of when you got the order. Loads will occur to a business that's going by the liquidation course of, and this is discussed intimately beneath.

In order for the members to voluntarily provoke that the company be liquidated, they have to pass a 'particular decision' ie a vote by 75% of shareholders current, which is able to provide proof that there is majority settlement that the business ought to be 'wound up'. The UK Authorities in passing this legislation, needed companies to make greater use of different less rigid insolvency regimes e. » Read entire article »

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