News
Increased use of Company Voluntary Arrangements
Cooper Williamson has increasingly assisted clients looking for rescue procedure enabling continued trade with management and directorships remaining intact. Accordingly, there has been a notable increase in the use of Company Voluntary Arrangements. This has increasingly been seen where HMRC are the major creditor and have either recently refused a time to pay arrangement or have agreed to a time to pay arrangement which has subsequently failed. The team at Cooper Williamson have developed a positive working relationship with HMRC that has led to successfully implemented CVA’s, giving the directors the ability to trade on whilst...
Asil Nadir – Suspension of Bankruptcy
Asil Nadir was the CEO of Polly Peck, the business that collapsed in 1990 following an investigation by the Serious Fraud Office. Charges were brought against Nadir for false accounting. Nadir was made bankrupt in 1992 but he absconded to Cyprus. Subsequently his automatic discharge from bankruptcy was suspended indefinitely. Nadir returned to the UK in 2010 to face charges. His discharge from bankruptcy is due to be granted in July 2012. That makes Nadir’s bankruptcy suspension one of the longest in English legal history.
National Insurance Fund increases the weekly statutory pay limit to £430
Employees making a claim to the National Insurance Fund will now receive more from the government funded pot when they claim payment upon their redundancy. The statutory pay limit was increased with effect from 1 February 2012 from £400 per week to £430 per week. Cooper Williamson appreciates the position of employees in these difficult circumstances and claims received are dealt with immediately upon receipt reducing as far as possible the time taken to make claims to the National Insurance fund. One to one assistance can be provided to redundant employees to complete claim forms and support in the redundancy process is provided...
Ed Davey’s statement on the Government’s review of Pre-Pack Administrations
Following concern expressed by the Public with regard to the use of Pre-Packaged Administrations, the Government has reviewed their use. In January the Government concluded that Pre-Packaged Administrations: “Can offer a flexible and speedy means of business rescue when used appropriately and they can be the best way of maximising returns to creditors”. Ed Davey’s statements mirror Cooper Williamson’s approach to Pre-Packaged Administrations. Achieving the best outcome to creditor’s through maximising returns from the failed Company to creditors as quickly as possible while facilitating a continuity of the business, maintaining...
A promotion at Cooper Williamson
Edward joined the team as an Office Junior just over 3 months ago. Over this time, he has continually worked hard, demonstrated a positive work ethic and has exceeded expectations. It is therefore with pleasure to announce that Edward has been promoted to Junior Insolvency Administrator with immediate effect. We wish Ed all the best in his new role
Louisa (Jane) Carey joins Cooper Williamson as Senior Corporate Recovery Manager
Managing Director, Keith Tully would like to announce the welcoming of Louisa (Jane) Carey to Cooper Williamson Limited. Jane has joined the Wilmslow office as Senior Corporate Recovery Manager Jane has worked for both national and smaller, independent accountancy firms. She has experience in all aspects of insolvency and corporate recovery; specialising in investigation and asset recovery For more information on Jane you can also visit our Meet The Team page.
Dylan Quail Joins Cooper Williamson in its Drive for Nationwide Success
Cooper Williamson would like to announce the welcoming of Dylan Quail who joins us from Manchester Law Firm, Pannone LLP. Dylan has joined the Wilmslow office as partner and as an experienced, licensed insolvency practitioner and his move to Cooper Williamson comes as part of a drive to grow its presence nationwide. The story was also covered by the Manchester Evening News in their Professionals’ round up this week. For more information visit the original article here. For more information on Dylan you can also visit our Meet The Team page.
Cooper Williamson scoop their first award at The Insolvency and Rescue Awards 2011
The Insolvency and Rescue Awards took place on Wednesday 5 October at the London Lancaster Hotel which saw Cooper Williamson take home their first award. The insolvency firm won; insolvency manager of the year for Robert Wilkinson, a senior manager at the Wilmslow office. The award was made by a 15 member judging panel which included representatives from all the major business professions. Cooper Williamson fought off tough competition from several big four firms, and Managing Director, Keith Tully commented: “This demonstrates the continued growth at Cooper Williamson and our investment in people. It is always nice to receive recognition...
Learn more about our successes
320 jobs saved, 48 in NHS
A recruitment business in the health sector, with over 20 years experience, with services including Social Workers, support workers, Occupational...
Administration Order Safeguards 1,700 NHS Jobs Saved
A recruitment business in the health sector, renowned for providing nurses and care workers to the NHS, private hospitals and local authorities...
Latest News
Increased use of Company Voluntary Arrangements
Cooper Williamson has increasingly assisted clients looking for rescue procedure enabling continued trade with management and directorships remaining intact. Accordingly, there has been a notable...
Asil Nadir – Suspension of Bankruptcy
Asil Nadir was the CEO of Polly Peck, the business that collapsed in 1990 following an investigation by the Serious Fraud Office. Charges were brought against Nadir for false accounting. Nadir...
National Insurance Fund increases the weekly statutory pay limit to £430
Employees making a claim to the National Insurance Fund will now receive more from the government funded pot when they claim payment upon their redundancy. The statutory pay limit was increased...
Ed Davey’s statement on the Government’s review of Pre-Pack Administrations
Following concern expressed by the Public with regard to the use of Pre-Packaged Administrations, the Government has reviewed their use. In January the Government concluded that Pre-Packaged...
A promotion at Cooper Williamson
Edward joined the team as an Office Junior just over 3 months ago. Over this time, he has continually worked hard, demonstrated a positive work ethic and has exceeded expectations. It is therefore...
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