VOSCAP NEWS
Why Fixed Charges Offer Stronger Protection than Floating Charges
Security over business assets plays a central role in commercial lending and corporate finance. In the UK, two of the most common forms of secured lending are fixed charges and floating charges, each offering different levels of protection for lenders and flexibility for businesses.
While floating charges allow companies to continue trading with working capital assets such as stock and receivables, fixed charges provide lenders with stronger control and higher priority in the event of insolvency. Recent high-profile business failures have once again highlighted how the structure of secured lending can influence creditor recoveries.
Nearly 40 Years On: How the Insolvency Act 1986 Still Shapes Business Today
The Insolvency Act 1986 remains the foundation of UK business recovery nearly 40 years after its introduction. This article explores why the law was needed, how it still governs insolvency today, and what its principles mean for directors, creditors and modern businesses navigating financial pressure.
Understanding the Standalone Moratorium for UK Companies
The standalone moratorium, introduced under the Corporate Insolvency and Governance Act 2020, provides UK companies facing financial challenges with a vital period of protection from creditor actions. This article delves into the moratorium process, eligibility criteria, and the safeguards it offers, enabling businesses to assess and implement effective recovery plans while maintaining operations.
Understanding the Standalone Moratorium for UK Companies
The standalone moratorium, introduced under the Corporate Insolvency and Governance Act 2020, offers UK companies facing financial difficulties a temporary reprieve from creditor actions. This period allows businesses to assess their financial position, explore restructuring options, and implement recovery strategies without the immediate pressure of legal proceedings. Understanding the eligibility criteria, the role of the insolvency practitioner, and the obligations during the moratorium is essential for directors considering this route to safeguard their company's future.
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Voscap’s primary objective is to save your business. Our team of experts’ knowledge in restructuring and turnaround assignments is invaluable when assessing the best option available to your needs. With experience spanning several decades, we have the skill and resources to provide viable solutions within all industry sectors. All organisations go through difficult times and we are here to help. From small to multi-million turnover businesses, we have dealt with the most complex of cases. We offer an initial free assessment in analysing your financial position and providing clear and precise advice making your experience a simple non-complicated process.