“I recently had the pleasure of working with BRI during an incredibly challenging time, as I explored the possibility of entering my company into Creditor Voluntary Liquidation. The situation was complicated due to the involvement of another director with whom my relationship had broken down, making the process anything but straightforward. From our first conversation, […]
“Thank you very much on behalf of us all for your company’s very professional approach over the last few months.” With our decades of experience and highly competent staff, we believe that professionalism underpins all of the work that we do for our clients, whether that be providing practical advice to the directors to support […]
As insolvency practitioners, our role goes beyond providing advice – we also offer comprehensive support to our clients throughout the process. So, it was rewarding to receive some positive feedback from two directors after successfully concluding the solvent liquidation of their company. It’s satisfying to know that our efforts helped guide them through a smooth […]
When advising directors and dealing with suppliers, we frequently encounter a lack of understanding surrounding the impact of a Retention of Title or ROT clause. This can sometimes directly impact the company’s ability to trade out of an insolvency position, when stock is subject to a valid ROT clause and the supplier takes steps to […]
Proud to have taken part in this year’s Dragon Boat Race in support of Ailsa’s Aim – and even prouder to say The Floating Liabilities came away as Mixed Crew Champions, bringing home medals and a trophy! What a brilliant day full of teamwork, laughs, and healthy competition – all for an incredible cause. Huge […]
A Creditors Voluntary Arrangement (or “CVA” for short) is a legally binding agreement between a company and its creditors. It is a process whereby a company settles, from future profits, some or all of its debts over a longer period of time, ensuring that the Company can continue to trade with a view to making […]