Two leather-bound ledgers of different thickness divided by a brass ruler on a walnut desk.

London Bankruptcy Petitions: The New £500,000 Threshold

Since 22 June 2026, a creditor’s bankruptcy petition against a debtor whose case belongs to the London Insolvency District must, in most cases, be presented to the County Court at Central London unless the debt is £500,000 or more, in which case it goes to the High Court. The dividing line used to be £50,000. The change moves cases between courts. The £5,000 minimum debt for bankruptcy and the 18 days you have to challenge a statutory demand stay exactly as they were.

Realistic business finance documents, house model, calculator and coin stacks on an office desk, representing UK government-backed business loans and directors’ personal guarantees.

Government-Backed Business Loan, Personal Guarantee: Are You Still Liable?

A government guarantee protects the lender, not the director who signed. This guide explains how personal guarantees work under the Growth Guarantee Scheme, Bounce Back Loans and CBILS, what exposure directors still face, and where a guarantee can be challenged before or after a lender’s demand.

Hourglass and scales of justice representing the limitation period for liquidator claims after THG v Zedra

Can a Liquidator Sue After Six Years? THG v Zedra Explained

On 25 February 2026 the Supreme Court held in THG v Zedra that unfair prejudice petitions have no statutory limitation period. The majority also said the six-year rule for section 238, 239 and 423 claims was wrongly decided. We explain what this means for directors facing liquidator claims and the defences that remain.

A miniature house model on a legal document with stacked coins and a cityscape sunset background.

Have you been served with a Charging Order?

A charging order secures an unpaid court judgment against a debtor’s property or investments, and here we explain how the process works, what it means for joint owners, and how it compares to other enforcement routes.

Directors Duties in the Zone of Insolvency (Sequana)

Insolvent Company Directors’ Personal Liability: BTI v Sequana Explained

If your company is struggling financially, your legal duties as a director change before formal insolvency begins. When does a company director’s duty shift from shareholders to creditors? Following the Supreme Court ruling in BTI v Sequana, directors face strict legal consequences for decisions made during a company’s financial distress. Learn the exact legal triggers for creditor duty and how to avoid claims for breach of fiduciary duty.

EIS relief, Enterprise Investment Scheme, HMRC tax appeals, qualifying trade, Upper Tribunal, First-tier Tax Tribunal, tax litigation, York SD Limited, Putney Power, EIS qualifying business activity, tax disputes solicitors, income tax relief withdrawal

York SD Ltd and Others v HMRC: What the Rooftop Solar EIS Appeal Means for Investors and Companies

The Upper Tribunal has granted partial permission to appeal in York SD Limited and Others v HMRC, a case examining whether a single rooftop solar panel installation could satisfy the EIS “qualifying business activity” requirement before six companies scaled up into much larger overseas solar projects. We break down the tribunal’s reasoning, the high bar for challenging findings of fact, and what the decision, read alongside Putney Power v HMRC, means for companies and investors relying on EIS relief.