Jodie Wildridge, deputy chair of the UK’s insolvency and restructuring trade body R3 in Yorkshire and a barrister at Exchange Chambers in Leeds, says:
“The monthly rise in corporate insolvencies is due to an increase in all forms of corporate insolvency process, with the most notable increases coming in Creditors’ Voluntary Liquidations (CVLs) and Compulsory Liquidations. Compared to this time last year, corporate insolvency numbers have fallen, and this is due to a reduction in CVLs and Compulsory Liquidations, while Administration numbers were higher last month than in November…
