Derek Cooper's Articles in Bankruptcy


  • Business Phoenixing - Is A Pre-pack A Practical Way To Avoid Company Failure?
    As the recession continues to bite, more and more businesses are finding it difficult to continue trading. However, very often these difficulties are not because customers have stopped buying completely. Rather, they are buying in reduced volumes and asking for lower prices.

    Facing these circumstances, many ...

  • Company Liquidation - What Is Liquidation And When Should It Be Used?
    If you do not want to continue running your business or you think it is in difficulty and cannot continue to trade, then you need to get good information about your possible options. One area which you will need to consider is company liquidation. The purpose of this article is to explain in simple language what company liq ...

  • Company Voluntary Arrangements Are Only Half A Solution For A Failing Buisness?
    On the face of it, a Company Voluntary Arrangement is good news for both the company and its creditors. It allows a company which might otherwise have failed and been wound up to continue to trade. Despite these potential benefits, many insolvency professionals believe there is significant chance of early failure of the arr ...

  • County Court Judgement - What Does This Mean?
    More and more businesses are finding that they have been issued with a County Court Judgement commonly known as a CCJ. This article seeks to explain what a County Court Judgement is, why they are issued and what the implications of receiving a County Court Judgement are.

  • I Have A Winding Up Petition - What Does This Mean?
    A Winding Up Petition could have serious consequences for you and your business. It is therefore very important to understand what a Winding up Petition is and the implications of receiving one.

  • Record Insolvencies - How Can Business Phoenixing Help?
    According to the latest Insolvency Service figures for England and Wales published on 1st May 09, nearly 5000 companies went into liquidation in the first quarter of 2009.

    Phoenixing (also known as Pre-Packing) is the process by which the sound elements of a failing business can be packaged up and purchased b ...

  • Top Five Warning Signs Your Business May Be Insolvent
    The official Insolvency Service figures showed that in the first part of 2009, the number of companies being put into liquidation in England and Wales increased by over 50% compared to the same quarter in 2008. I would suggest that during these difficult economic times, directors and senior managers take special notice in t ...

  • What Happens When An Administrator Is Appointed And How Are Staff Affected?
    Given the current economic climate, it is unfortunately to be expected that an ever greater number of companies are going into administration. I have spoken to more and more people recently who are employed by businesses where administration is happening or imminent. These people are understandably worried and want to unde ...


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