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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: 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, Unfair/Constructive Dismissal. More Solicitors in Brierley Hill »
FS Legal Solicitors LLP

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Brierley Hill Information:

Commercial Bankruptcy Information:

[snippet ...] Any money left goes to shareholders. A CVA is a binding agreement between a financially troubled company and its creditors for payment of all, or part of, the company's debts over an agreed period. The company won't exist once it's been removed ('struck off') from the companies register at Companies House. If you're a sole trader or self-employed, a Protected Trust Deed is an alternative to sequestration. The holder appoints an administrative receiver to recover money owed to it. Receivership is a procedure that is usually considered when a business doesn't meet the terms of a borrowing settlement that it has made with another organisation - that is usually a mortgage that is taken out by the organisation from a bank. When it comes to liquidation, and which creditors will likely be paid first, a hard and fast cost holder ie a holder of a security in a specific asset of a enterprise will 'rank' forward of a holder of a floating cost ie a cost that has but to 'connect' to enterprise property. HMRC or by the holder of a safety in enterprise property, referred to as the 'cost holder'. » Read entire article »

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