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Late last year, we were approached by a highly-stressed director who had been forced to cease trading after the unexpected, abrupt termination of a contract with his company’s main customer. The company was left with considerable debt and little in the way of valuable assets. Nevertheless, from the first consultation onwards, BRI provided him with […]
It is nice when a client describes our service as ‘amazing’; when we get a double ‘amazing’ in the same feedback then clearly we are doing something right. We recently helped a director who no longer required the company as he had decided to take full time employment. When we implemented a solvent liquidation process […]
What’s better than a client being impressed? Them being seriously impressed. So how does one seriously impress a client, well in this case it was: “Thank you for your advice during our consultation, we were seriously impressed with your ability to quickly decipher complex scenarios and your proposed strategies”. With the directors and their legal […]
News & Events
The Autumn 2024 Budget changes Prior to the budget being delivered on 30 October, changes to Capital Gains Tax (CGT) and Business Asset Disposal Relief (BADR), formerly known as Entrepreneur’s Relief, were anticipated. Unsurprisingly, both predictions turned out to be correct, with changes to CGT implemented immediately and BADR rates to change as of 6 […]
At BRI Business Recovery and Insolvency, we help companies through their insolvency process. One of the questions we are often faced with is “what happens to a director of a company in liquidation?”. This is often a concern for the director, no matter what the size of the company or the industry they operate in. […]
BRI Business Recovery and Insolvency bucking the Company Voluntary Arrangements (“CVAs”) trend? Seeing the words ‘successfully completed’; ‘100p in the £’; and ‘CVA’ all together in the same heading is incredibly rare. Why? The number of CVA’s implemented annually remain approximately half of those that were recorded prior to the pandemic. A review previously carried […]