Promising crypto ‘stability’ won’t stop near-term bankruptcies

by Katerina | Nov 7, 2023 | News

Hot on the heels of 30-year old cryptocurrency king Sam “SBF” Bankman-Fried being found guilty by a New York jury of one of the biggest frauds in American history, City watchdogs the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) are...

Sanctions Expertise

by Katerina | Nov 2, 2023 | News

Buchler Phillips is pleased to extend its core offering with a new, topical focus on sanctions expertise. Our appointment as Administrator to CargoLogicAir Limited, a highly profitable British business which suffered as an unintended consequence of sanctions against...

Get a Wiggle on to plan next debt funding move

by Katerina | Oct 24, 2023 | News

Sporty readers of a certain age will be familiar with a social stereotype of recent decades: the MAMIL – Middle Aged Man in Lycra. Often heading a queue of overtaking traffic at weekends, these cyclists clad in spray-on ‘technical’ apparel breathed new life into 21st...

Discussion on «The case of CargoLogicAir Limited and the impact of sanctions imposed on its Russian owner»

by Katerina | Oct 23, 2023 | News

When we gave our talk on this matter as part of the ICAEW’s Restructuring & Insolvency Conference back in June, we were met with comments from many people in the profession expressing disbelief that the situations we described had actually occurred. How...

LETTER FROM LONDON – THE CURRENT STATE OF PLAY IN UK POLITICS

by Katerina | Oct 18, 2023 | News

The sands of time are fast running out on the current UK parliament. We have just witnessed what will almost certainly be the final set of Party Conferences before the next UK General Election. In theory this might take place as late as January 2025, but Conservative...

Small enterprises shun big plans

by Katerina | Oct 10, 2023 | News

Recent figures suggest that starting, running and growing a small business for the long term has become an unappealing prospect. This is obviously worrying, since historically these acorns have developed into the Small and Medium Enterprises (SMEs) that form the...