Formal protection

Using formal insolvency procedures to obtain protection from creditors; achieving legally binding compromises.

There are formal steps we can take to protect your client’s company – and even though these are, strictly speaking, insolvency procedures, they can be used as protection against creditor action whilst attempts are made to rescue the business or allow it to enter into legally binding compromises that will help the company to keep trading. Principal formal protection procedures include:
Begbies Traynor
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Begbies Traynor Continues to Build North East Presence with New Office in Hull

Specialist professional services organisation Begbies Traynor Group plc has further strengthened its presence in the North East by opening a new office in Hull to support its continued expansion plans in the region.

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13/05/08
New Owners for Swallowcliffe Retirement Home

The Swallowcliffe Retirement Home in Seaton, Devon has been been sold by administrators to M&J Care Homes Ltd. Julie Palmer and Ian Walker of specialist professional services organisation Begbies Traynor Group were appointed joint administrators for owners Starlight Care Limited and Starlight Holdings LLP in September 2007 following trading problems at Swallowcliffe and its sister home, The Koppers in Kilmington, Devon which led to a fall in resident numbers and consequent losses.

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13/05/08
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