Business Insolvency Law Firms for Edinburgh

Balfour Manson LLP

As one of Scotland's longest established legal practices, Balfour+Manson LLP is a highly regarded firm of solicitors with offices in Edinburgh, Portlethen, and Aberdeen. With a focus on the individual, it delivers services in the areas of litigation, commercial, charities, private client and property work. Established in 1888, it takes pride in delivering a personalised service to all its clients, including public sector organisations, regulatory and disciplinary bodies, companies, partnerships and individuals.

56-66 Frederick Street, Edinburgh, EH2 1LS
Web

https://www.balfour-manson.co.uk
Email

marketing@balfour-manson.co.uk
Phone

0131 200 1200

They handle: Work Injury, Wills and Probate, Unfair/Constructive Dismissal, Slip Trip or Fall, Serious/Catastrophic Injuries, Road Accidents, Residential Property, Professional Negligence, Power of Attorney, Personal Injury, Notary Public Services, Motorbike Accident Claims, Medical Negligence, Legal Services, Landlord/Tenant Dispute, Intellectual Property, Industrial Injury or Disease, Holiday Sickness, HMRC/Tax Law Help, Financial Mis-selling, Family Law, Employment Dispute, Divorce, Discrimination and Harassment, Debt Recovery, Debt / Bankruptcy, Criminal Injuries, Conveyancing, Contentious Will/Probate, Commercial Property, Civil Litigation, Charity Law, Business/Commercial Law, Business Dispute Resolution, Business Debt/Insolvency, Asbestos Claims, Accident Compensation Claims,

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Edinburgh Information:

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Commercial Bankruptcy Information:

[snippet ...] Administration can mean your company doesn't have to pay all its debts in full. You can apply to the court to restrain (stop) a winding up order being made. The insolvency practitioner will work out an 'arrangement' covering the amount of debt you can pay and a payment schedule. You'll need a validation order to access your company bank account. This text explains two procedures that function under the Insolvency legislation within the UK: Receivership and Liquidation.

In order for the members to voluntarily provoke that the company be liquidated, they have to pass a 'particular resolution' ie a vote by seventy five% of shareholders current, which can provide evidence that there is majority settlement that the enterprise needs to be 'wound up'. Administration. Owing to the financial difficulties experienced in the UK in recent times, HMRCs involvement in appointing receivers has been particularly high. As mentioned above, a members Voluntary Winding Up can solely happen where a business remains to be 'solvent'. » Read entire article »