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HMRC - Time to pay rejections on the rise

The previous Government's support in giving businesses time to pay their their debts to HMRC via the Business Payment Support Service (BPSS) has been widely acknowledged as having provided a lifeline to many businesses.

6 min read

How I Practice And Why

In the TV show M*A*S*H, there is a scene in which Colonel Potter is trying to reach a general who happens to be the head chaplain for the U.S. Army. He calls the general’s office and asks for the general.

6 min read


When Are Goods Received For The Purpose Of Asserting Administrative Priority Status Under Section 503(b)(9) Of The Bankruptcy Code?

A bankruptcy court recently held that in order for a supplier of goods on credit to establish an administrative claim under Bankruptcy Code section 503(b)(9) in the bankruptcy case of its buyer, the supplier will need to show that its buyer "physi

6 min read

April 2010 6th Circuit Bankruptcy Case Summaries

Maxus Capital Group, LLC v. Uhrich (B.A.P.)

6 min read

FTC Finds Less Than 10% Success Rate In Debt Settlement

Readers of A Clean Slate might recall that I have written about Debt Settlement in the past and have suggested that it generally isn’t a good idea.

6 min read

Brief Update: Lenders Prevail in Philadelphia Newspapers Auction

After much litigation and legal maneuvering, the Senior Secured Lenders prevailed at the auction for Philadelphia Newspapers.  The Lender’s winning bid is for approximately $139 million, and the parties expect to close on the sale by late Jun

6 min read