Disclosure requests from insolvency practitioners not always a rock and a hard place – Accountancy Age

Requests made by liquidators, administrators and trustees in bankruptcy to professional accountants for information relating to an insolvent company or individual are commonplace. Yet despite existing ICAEW and ACCA guidance, there remains a lack of understanding around the extent of the accountants obligations in this context. What is the position? Upon a request by a…

British Steel collapse: Thousands of jobs at risk as firm becomes first major Brexit casualty – The Independent

British Steel has collapsed, putting more than 4,000 jobs directly at risk and threatening a further 20,000 in the companys supply chain. The company has been put into compulsory liquidationafter talks broke down between the government and British Steels private equity owners Greybull Capital. … Read the full article at: https://www.independent.co.uk/news/business/news/british-steel-collapse-insolvency-administration-job-losses-scunthorpe-a8924821.html