Course description
The last year has caused huge amounts of financial turbulence across a variety of sectors, and as the financial support measures put in place by the government during the pandemic are withdrawn this will only grow more acute. As such there are likely to be large numbers of corporate insolvencies, many of which will take the form of creditors’ voluntary liquidations (‘CVLs’).
Eleanor Stephens presents this comprehensive and informative webinar that delves into the finer details of the practicality of CVLs; for the stakeholders involved, the people advising them and those who may be affected by it. It will also assess the impact of directors, creditors and the liquidator.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Creditors’ voluntary liquidations (‘CVLs’) remain the most popular corporate insolvency procedure in the UK, accounting for approximately two-thirds of all new corporate insolvencies.
This trend is set to continue or even increase as the UK economy starts to get back to normal, and the financial support measures put in place by the government are withdrawn.
This new webinar will go beyond the basics and delve into the detail of the practical effects of a CVL on the many stakeholders involved, for those who advise both the companies going into CVL, and those that may be affected by it.
It will also look at the impact on directors, the shareholders, creditors, and the liquidator once a company enters CVL, as well as what happens to the company itself.
What You Will Learn
This webinar will cover the following:
- The effect of a CVL on the company - what is the immediate impact of a CVL on the company?
- The effect of a CVL on the company directors - including potential personal liability claims
- The effect of a CVL on the company’s shareholders - what can they expect?
- The role of the liquidator in a CVL - duties and responsibilities of the liquidator in a CVL
- How does a CVL come to an end?
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...