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	<title>Company Administration Archives - Irwin Insolvency</title>
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	<description>Licenced Insolvency Practitioners In The UK</description>
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		<title>How Employees Are Protected in the Case of Insolvency</title>
		<link>https://www.irwin-insolvency.co.uk/how-employees-are-protected-in-the-case-of-insolvency/</link>
		
		<dc:creator><![CDATA[Gerald Irwin]]></dc:creator>
		<pubDate>Tue, 09 Mar 2021 12:46:06 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Company Administration]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[liquidation]]></category>
		<guid isPermaLink="false">https://www.irwin-insolvency.co.uk/?p=4229</guid>

					<description><![CDATA[Insolvency occurs when a business can no longer pay off its debts. This difficult financial situation has challenging implications for employees, who may be owed wages, holiday pay or sick pay. Insolvency can have multiple outcomes for a business, but employees need to know exactly how they’re protected throughout the insolvency process and what rights they’re entitled to should the company be liquidated. In this article, we ask the expert team at Irwin Insolvency how employees are protected in the case of insolvency. Here’s what they had to say. What Happens When a Company Becomes Insolvent? Insolvency is not an easy process for anyone involved. Insolvency must be declared when a business no longer has the necessary funds to pay its creditors. Financial mismanagement, bad business decisions or sheer bad luck (especially in the case [&#8230;]]]></description>
		
		
		
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		<title>Can a Company in Administration Still Trade?</title>
		<link>https://www.irwin-insolvency.co.uk/can-a-company-in-administration-still-trade/</link>
		
		<dc:creator><![CDATA[Gerald Irwin]]></dc:creator>
		<pubDate>Mon, 18 May 2020 13:44:17 +0000</pubDate>
				<category><![CDATA[Irwin Insolvency]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[Company Administration]]></category>
		<guid isPermaLink="false">https://www.irwin-insolvency.co.uk/?p=3983</guid>

					<description><![CDATA[Companies in dire financial straits often go into administration, as they seek a way of escaping their debt and surviving as a business.  Administration is a proven way of bringing insolvent businesses back from the brink of financial disaster. But there are many factors to ponder and important questions to consider before pursuing this route.  One of the most important questions we’re asked is whether a company in administration can still trade. We put that question to our financial experts.  What Is Administration? Businesses and companies that have found themselves in financial difficulties can be placed into administration as a means of avoiding liquidation. A company can be placed into administration if it’s insolvent, i.e. if the company can no longer pay off its debts.  Going into administration involves the company in financial difficulties being ‘administered’ by an outside entity. The company must appoint an administrator to [&#8230;]]]></description>
		
		
		
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