40th anniversary of Armitage & Co

The 7th of July 2022 marks the 40th anniversary of Armitage & Co., which I formed as a specialist insolvency practice with offices in Park Square, Leeds and Greville Street, London. From my previous partnership I was joined by my…

Zombie companies, an economic burden or an opportunity?

Zombie companies are again the subject of discussion now the Government sponsored support packages to offset the economic downside of the Covid 19 pandemic are ending. This also brings the likelihood of a substantial increase in the number of formal…

Flybe

My letter published in the Yorkshire Post 18th January 2020 Sir, As a regular Flybe passenger I think they provide an excellent service. The demand for their services is so great (8 million passengers per year) that I suspect their…

HMRC IN CORPORATE INSOLVENCIES

I recently expressed an opinion that the forthcoming return of elements of the HMRC preferential creditor status in formal insolvency proceedings is a good thing. In doing so I was very much a lone voice. My justification was based on…

AIRLINE INSOLVENCIES AFTER THE FAILURE OF THOMAS COOK

On the 9th May 2019 the Department for Transport published its wide-ranging and well researched Airline Insolvency Review (”AIR”) with contains many sensible but challenging proposals. The full text can be found at https://www.gov.uk/government/publications/airline-insolvency-review-final-report.…

Regulation of insolvency practitioners call for evidence

The Government is calling for evidence in its review of the regulation of insolvency practitioners under the current regulatory landscape. More information can be found in the Call for Evidence document (pdf) on the gov.uk website.…

HMRC Preferential Rights

There is much opposition to the draft Finance Bill which proposes to restore some elements of the HMRC preferential status which existed before the introduction of the Enterprise Act 2002. The proposed preferential status of HMRC largely relates to VAT…