News & Insights
News and insights about our people and the ever-changing environment of insolvency, business restructuring and forensic accounting.
Directors seeking to rely on the temporary relief from insolvent trading may only be able to do so if the company enters voluntary administration or liquidation prior to 31 December 2020.
The window of opportunity is slowly closing for directors to explore strategic restructuring options for their businesses.
Surplus Assets are represented by any assets that are held by a business that are not core to its underlying operations and do not support the business in any way.
The capitalisation of earnings method is a commonly used valuation methodology that involves determining a future maintainable earnings figure for a business and multiplying that figure by an appropriate capitalisation multiple.
Temporary relief from personal liability for insolvent trading will apply with respect to debts incurred in the ordinary course of the company’s business. Share on