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The Swinging Bankruptcy Pendulum
The Swinging Bankruptcy Pendulum

The Swinging Bankruptcy Pendulum

Steve ElliottBy Steve Elliott On 26 October 2015 Comments: 0

In November 1761, John Perrott, the last bankrupt to be hanged in England, left his prison cell in London’s Newgate Prison for the short, one-way trip to West Smithfield to face the gallows.

Insolvent Beneficiaries Beware
Insolvent Beneficiaries Beware

Insolvent Beneficiaries Beware

Steve ElliottBy Steve Elliott On 21 October 2015 Comments: 0

In my 25 years as an Insolvency Practitioner, I have twice had the misfortune of claiming inheritances from bankrupts. That is two too many in my book, and it saddens me that both could possibly have been avoided.

Proposed changes to dividend taxation
Proposed changes to dividend taxation

Proposed changes to dividend taxation

Steve ElliottBy Steve Elliott On 9 September 2015 Comments: 0

Can an Insolvency Practitioner help? Insolvency Practitioners (quite rightly!) generally give tax advice a very wide berth but the two disciplines do occasionally intersect and this may be one such occasion.

Personal Guarantees: Pitfalls for the unwary!
Personal Guarantees: Pitfalls for the unwary!

Personal Guarantees: Pitfalls for the unwary!

Steve ElliottBy Steve Elliott On 30 July 2015 Comments: 0

Since the financial crisis, it has become increasingly common for Banks and Asset Based Lenders (ABLs) providing commercial finance to smaller companies to ask for personal guarantees from directors.

Clubs & Charities under pressure
Clubs & Charities under pressure

Clubs & Charities under pressure

Paul McConnellBy Paul McConnell On 29 June 2015 Comments: 0

Last week Steve Elliott, Monahans Insolvency Partner, was appointed liquidator of the long established Calne Woodlands Social Club in Calne, Wiltshire.

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