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	<title>Findlay James Insolvency &#187; Blog</title>
	<link>http://findlayjames.co.uk</link>
	<description>Insolvency, liquidation, administration and debt recover</description>
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		<title>How to Kill a Company</title>
		<description><![CDATA[Unlike real people, it is perfectly legal to kill, or if you use the legal term, Liquidate, a Limited Liability Company. A Limited Company in law is defined as &#8220;an artificial person&#8221; that is owned by shareholders and controlled by [...]]]></description>
		<link>http://findlayjames.co.uk/2011/04/14/kill-company/</link>
			</item>
	<item>
		<title>Does My Company Qualify for Administration?</title>
		<description><![CDATA[Watch on YouTube]]></description>
		<link>http://findlayjames.co.uk/2011/03/29/qualify-for-administration/</link>
			</item>
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		<title>Insolvent Company, Viable Business &#8211; Restructuring Options.</title>
		<description><![CDATA[Liquidation of a company is never an easy decision to take. Deciding when the company is insolvent is often not clear cut. Often there are reasonable grounds for the directors of the insolvent company to continue to trade in the expectation that the company can trade out of the cash flow problems, which have often been caused by an unexpected event such as a bad debt, or a sudden loss of business due to external events, such as for instance the credit crunch.]]></description>
		<link>http://findlayjames.co.uk/2011/03/29/insolvent-company-viable-business-restructuring-options/</link>
			</item>
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		<title>Insolvency Advice Minefield</title>
		<description><![CDATA[Insolvency is a business like no other. My approach is simple. Help the person who comes to me for assistance.]]></description>
		<link>http://findlayjames.co.uk/2011/03/28/insolvency-advice-minefield/</link>
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		<title>Insolvency Outlook : the Domino Effect</title>
		<description><![CDATA[The Blind Leading The Blind and the Domino Effect

The US, UK, European and Swiss Central Banks issued $280,000,000,000 into the banking sector, by issuing government bonds, with the security being “damaged assets, as in mortgage backed securities” in an unprecedented, concerted attempt to shore up the global financial system. This sort of debt swap has never been done before. In my layman’s eyes it would appear that they are effectively saying to the banks we will take all the hits, you have a Northern Rock style guarantee that we will support you. Talk about moral hazard!]]></description>
		<link>http://findlayjames.co.uk/2011/03/26/insolvency-outlook-the-domino-effect/</link>
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		<title>Outlook for Economic Growth Gloomy As Factory Output Shrinks at Record Rate</title>
		<description><![CDATA[This was the heading of a piece in the Times today, a sunny but blustery 8th April 2009 (Heavy showers last night but dry all day And so to the numbers, not sunny, but apocalyptic! The figures for February are [...]]]></description>
		<link>http://findlayjames.co.uk/2011/03/25/outlook-for-economic-growth-gloomy-as-factory-output-shrinks-at-record-rate/</link>
			</item>
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		<title>What is a Prepack Administration</title>
		<description><![CDATA[Watch on YouTube]]></description>
		<link>http://findlayjames.co.uk/2011/03/23/what-is-a-prepack-administration/</link>
			</item>
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		<title>What about personal guarantees?</title>
		<description><![CDATA[irectors can often be faced with Personal Guarantees, usually to the banks and asset finance companies, landlords and certain types of trade creditors, such as building merchants. Basically if you have signed a guarantee you will be liable for whatever [...]]]></description>
		<link>http://findlayjames.co.uk/2011/03/15/what-about-personal-guarantees/</link>
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		<title>What is the likelyhood of being banned as a director?</title>
		<description><![CDATA[While the Liquidator will not, in the majority of cases, be in a position to pursue an insolvent trading action under s214 Insolvency Act, he is required to report the matter to the Disqualification Unit who will then consider going [...]]]></description>
		<link>http://findlayjames.co.uk/2011/03/14/what-is-the-likelyhood-of-being-banned-as-a-director/</link>
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		<title>Can I be made personally liable for any debts?</title>
		<description><![CDATA[By incurring additional trading losses and increasing the liabilities significantly (often to the Crown for PAYE/NIC/VAT &#8211; who tend to take a dim view of such behaviour), the Directors are potentially exposed to personal liability for some of the debts. [...]]]></description>
		<link>http://findlayjames.co.uk/2011/03/14/can-i-be-made-personally-liable-for-any-debts/</link>
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