Enforcing Judgments against Companies

Enforcing Judgments against Companies

We saw last week that obtaining a judgment against a company can be an effective way to recover debt owed by a company. Unfortunately, the existence of a County Court Judgment (“CCJ”) (or, on occasion, High Court Judgment) is sometimes not enough to coerce a Defendant...
Enforcing Judgments against Companies

Acting in Good Faith

In many legal jurisdictions, parties to a contract are expected to act in good faith. The simplest explanation of the doctrine of good faith is that it requires parties to act honestly and not take advantage or make an issue of minor errors in performance as long as...
Enforcing Judgments against Companies

Are you winding me up?!

Issuing a Winding Up Petition is an often an effective course of action to take to recover an unpaid debt from a company. When can I issue a Winding Up Petition? In order to wind up a company, the company must owe you over £750.00 and the debt must be undisputed. Why...
Enforcing Judgments against Companies

A step in the right direction…

A director of a company has a duty to promote the success of that company for the benefit of the shareholders. However, at the point where it becomes apparent that a company is trading insolvent, his duties change and the director must from this point act in the best...