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Carillion declares insolvency

Carillion declares insolvency

On 15 January 2018, a winding up order was made against Carillion Plc and the court appointed the Official Receiver as the liquidator. The Insolvency Service has issued a press release to advise employees, suppliers and creditors of next steps.  To ensure continuity of public services, the companies will employ workers on the same terms and conditions as before: Employees should continue to turn up for work and will be paid as normal. Employees worried about their pension situation can call The Pension Advisory Service (TPAS) on 0300 123 1047 for free and impartial guidance. The Pension Advisory Service (TPAS) has also set up a special helpline number for members of these pension schemes: 020 7630 2715. Those already receiving their pensions will continue to receive payment. A dedicated website has been set up to provide information for anyone affected, as well as a dedicated helpline, 0800 063 9282.… Read more


The New Debt Recovery Protocol

The New Debt Recovery Protocol

Are you ready for 1st October 2017?  It has been a long time coming but the new debt recovery protocol (“the Protocol”) comes into force in a little under one week and may significantly increase the time it takes you to recover outstanding debts due from individuals.  The… Read more


The Insolvency (England and Wales) Rules 2016

The Insolvency (England and Wales) Rules 2016

On 6 April 2017 the long-awaited Insolvency (England and Wales) Rules 2016 came into force. The Rules consolidated and changed procedures to be follwed on insolvency cases in a number of important arears including distributions, reports in the holding meetings. Further details can be found here http://www.legislation.gov.uk/uksi/2016/1024/contents/made… Read more