This essential training course equips business owners, in-house lawyers, and financial directors with a comprehensive understanding of UK insolvency procedures and their impact on businesses. Participants will gain the knowledge needed to recognise early signs of financial distress, navigate insolvency options, and make informed decisions to protect their organisations and stakeholders.
This course covers:
Overview of UK insolvency law and types of insolvency procedures (e.g., liquidation, administration, voluntary arrangements, receivership)
Early warning signs and legal obligations of directors facing insolvency risks
Procedures for initiating insolvency and the role of insolvency practitioners
Impact of insolvency on creditors, employees, and company directors
Understanding company voluntary arrangements (CVAs) and administration processes
Personal insolvency considerations for business owners and directors
Legal and financial consequences of insolvency, including wrongful trading and fraud prevention
Practical steps for managing insolvency risks and protecting business value
Through case studies and practical guidance, attendees will develop the confidence to respond proactively to financial difficulties, comply with legal duties, and navigate insolvency processes effectively.
