Grocery watchdog barks at Amazon over ‘late payments’

Grocery watchdog barks at Amazon over ‘late payments’

It used to be said that the UK’s large supermarket chains wielded a figurative baseball bat over their suppliers, trying to preserve every last percentage point of margin in their high volume businesses. It’s always been an uneasy dynamic, with the retailer invariably...
Judgment shines light on IPs’ liquidation fees

Judgment shines light on IPs’ liquidation fees

The Buchler Phillips preferred approach of ‘work out, not bail out’ will resonate with stricken companies heading for insolvency – not least because of the often hefty cost of advisers, court-appointed and otherwise, in administrations and liquidations, including...
New crypto tracing boss turns up the heat

New crypto tracing boss turns up the heat

The sharp rise in cryptocurrency-related insolvency cases across the UK has prompted the Insolvency Service to appoint its first crypto specialist, as it doubles down on recovering digital assets. Former police investigator Andrew Small, an economic crime expert, will...
Insolvency Service revises IVA protocol

Insolvency Service revises IVA protocol

Changes to the Individual Voluntary Arrangement (IVA) framework for those in debt are a reminder of the range of options available in the insolvency toolkit. The Insolvency Service has published a revised IVA protocol to improve the service currently offered to people...