The company is solvent and the directors make a Declaration of Solvency confirming that the […]
Glossary
Insolvency: Mareva Injunction
Court order preventing the disposal of assets.
Insolvency: Liquidator
The name given to the Insolvency Practitioner in any type of Liquidation. The Liquidator’s duty […]
Insolvency: Liquidation Committee
Another name for a Creditors Committee appointed in a Liquidation.
Insolvency: Liquidation
A process which involves the winding up of a company/LLP/Partnership’s life, the disposal of its […]
Insolvency: Lien
A right to keep possession of assets or documents belonging to another individual or corporate […]