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Back to basics: Insolvency (part 1)

 
Continuing our series of basic informative articles and our insolvency series Philip Ridgway Barrister in the first of two articles discusses how insolvency law interacts with a tax adviser
 
With the current turmoil in the financial markets there are all manner of predictions as to when the next recession will hit the UK ranging from tomorrow (a favourite amongst insolvency professionals) to never (a prediction much favoured by those in Government).
 
It is a sad fact of life that that there are always business failures. However in the event of an economic downturn there is...

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