Business Insolvency Solicitors for Liverpool
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Walker House, Exchange Flags, Liverpool, L2 3YL
enquiry@jacksonlees.co.uk
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Liverpool Information:
[snippet ...] The city is within the historic county of Lancashire. The Lord Mayor acts as the 'first citizen' of Liverpool and is responsible for promoting the city, supporting local charities and community groups as well as representing the city at civic events. The council's 90 elected councillors who represent local communities throughout the city, are responsible for scrutinising the Mayor's decisions, setting the Budget, and policy framework of the city. Alastair Machray was appointed editor of The Liverpool Echo in 2005 and can also be editor-in-chief of Trinity Mirror Merseyside, Cheshire and North Wales. Advice is delivered by final yr regulation college students working underneath the supervision of qualified legal professionals. Learning Regulation as half of a Joint Honours diploma offers you a thorough understanding of the discipline of Legislation and the position of Legislation in regulating society. » Read entire article »
Commercial Bankruptcy Information:
[snippet ...] A "floating charge", which is not permitted in many countries and remains controversial in the UK, can sweep up all future assets, but the holder is subordinated in statute to a limited sum of employees' wage and pension claims, and around 20 per cent for other unsecured creditors. Take your completed form to your nearest court that deals with bankruptcy. A company in administrative receivership is also said to be "in receivership". An administrative receiver does not make payments to unsecured creditors.. In the case of small companies, it is not unusual that the founding father of the business may look to retire, and with no succession planning made, the logical possibility is to dissolve the corporate. For those who fail to stop trading, notify collectors and HMRC, contact an insolvency practitioner, and act in the very best interests of your organization's collectors, then you would face critical consequences.
In order for the members to voluntarily provoke that the corporate be liquidated, they must go a 'special decision' ie a vote by 75% of shareholders current, which will provide evidence that there is majority agreement that the business needs to be 'wound up'. » Read entire article »
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