According to figures from the Insolvency Service, 2,835 companies went into Administration in 2010, of which approximately 27% were "pre-packed” by the Administrators. A pre-pack sale is a situation where the sale of an insolvent company and its assets is agreed before the formal...
Pursuant to the TUPE Regulations (Transfer of Undertakings (Protections of Employment) Regulations 2006) employees have a number of rights if a business is sold. For example, employees have the right to be told about the proposed sale of the business in advance. All the employees employed in that...
In today's unstable economic climate, all businesses should continually be looking at ways in which they can save money. One way to cut costs that often goes under the radar is the review of existing commercial contracts. Circumstances change and what was once an affordable or even...
The Premier League announced last week that they would be investigating the continuing role of Karl Oyston at Blackpool Football Club since he stepped down as chairman in August, days before announcing his bankruptcy. However, Oyston vowed to remain at Bloomfield Road as acting Chief Executive...
Our firm is embracing social media. And so it is that I've been let loose to write my first blog and, although at 26 years old I'm (arguably) "down with the kids” and should be up on these kind of things, I have no idea what format a blog should take. That being said, I'm told it's...