Company administration is a hotly discussed topic in the industry. Recent reports have suggested the number of corporations facing administration has increased over the years. With the news of Toys R Us and Maplin entering administration, the insolvency procedure has been under the spotlight. Similarly, New Look and, most recently, Carpetright have requested company voluntary arrangements (CVA) to aid with their financial issues. The likes of Moss Bros and B&Q have experienced stark falls in profits, and even Claires Accessories has filed for bankruptcy in the US, with worries in place for the UK stores. Due to the reports, Business Rescue Expert leading UK insolvency practitioners are sharing their employment rights for company admini…
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