Our News

The average UK household will have unsecured debts of £10,000 by the end of next year, according to a report prepared by a leading accountancy firm

The figure includes spending on credit cards, bank borrowing and student loans, but excludes securing borrowing.

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Moorfields appointment Liquidators over a Music Retailer in West Sussex

Simon Thomas and Arron Kendall of leading restructuring and insolvency firm, Moorfields Corporate Recovery Ltd, were appointed Joint Liquidators over Beyond The Sea Limited on 5 March 2015.

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Dramatic Court fee rises set to change the litigation landscape from 9 March. What effect will this have on the business world?

The recent announcement that Court fees are set to rise has much of the legal and business world talking. Is litigation doomed? Are the new fees prejudicial towards those without access to piles of cash? Moorfields provides their opinion on the impact on the market and how this might affect individuals and SMEs.

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A number of issues were raised in this morning’s article “Banks accused of being too cosy with receivers” The Time, Business, 5 March 2015

The apparent astonishment expressed by Adrian Bailey MP regarding “unregulated receivers” working in banks might seem slightly misconceived. However, similar views held by the public at large are damaging to the licensed insolvency profession.

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Ben Stanyon looks at issues facing the waste management and recycling sector

The recent announcement that Kent based Aylesford Newsprint has filed for Administration is further confirmation of the issues facing the recycling and waste management sector. This follows UPM’s announcement that it will be decommissioning one of its two newsprint machines in Deeside. So what are the issues facing the sector? Ben Stanyon, Senior Manager at Moorfields Corporate Recovery expands:

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