Posts tagged lawyer
What To Do If A Client Goes Bust

The news this year has been dominated by a range of UK businesses announcing profit warnings, and even going into administration, including construction firm Carillion, restaurant chains Jamies and Prezzo, and retailers New Look and House of Fraser, amongst others. 

Much has, rightly, been made of the employees whose immediate futures are now in the balance, unsure of what will happen next. 

However, there's also a significant group of people whose plight hasn't made the headlines - the contractors and suppliers further down the chain whose businesses may well also go bust with a raft of unpaid invoices. The impact and ripple effect is likely to be monumental.

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