Whilst there may be many reasons to cause businesses to enter into liquidation, for SMEs it is often the impact of unpaid invoices and the negative effect that has on cash flow.
The coronavirus pandemic has significantly disrupted businesses across the UK and around the world. Many businesses may have felt that there was little that could be done to tackle late payers and to prevent liquidity during lock-down, and even perhaps feel the same now as we start to emerge into the new normal world of business. It is still unclear on how long the economic effects of the pandemic will last, so what can you do to minimise the potential cash flow shortages?
Our debt recovery specialists will talk you through some of the options at your disposal and the current regulatory environment that determines action.
Date: Wednesday 12 August 2020
- Debt Recovery during the coronavirus pandemic
Chris Darvill, Senior Associate
- Steps creditors need to take when commencing legal action
Ben Millward, Trainee Legal Executive
- The impact on creditors enforcement options
Peter Worrall, Associate Solicitor