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More Insolvencies expected to follow Carillion’s demise

Posted by Lynne on January 31st 2018
(banking finance, banking litigation, Business, business finance, Commercial Litigation, Commercial Property, commercial property and real estate, commercial property and real estate services, Corporate and Commercial, corporate and commercial solicitors, Debt Recovery, dispute resolution, Employment, environmental law, Insolvency, Litigation, Press Releases, Professional Negligence)

The effect of the collapse of Carillion, the Goliath construction company which won the Government’s HS2 Project, and which also managed infrastructure schemes, military contracts, hospitals and schools leaves shockwaves in the construction industry which are yet to settle. The enormity of its demise is all too clear; Carillion employed approximately 20,000 and it is […]

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RELIEF FROM SANCTIONS: JUSTIFY DELAYS OR LOSE THE OPPORTUNITY TO DEFEND THE CLAIM By Joseph Chiffers

Posted by Lynne on June 8th 2017
(Blog, Business, Commercial Litigation, Commercial Property, commercial property and real estate, commercial property and real estate services, Contract Law, Debt Recovery, dispute resolution, Employment, Insolvency, IP, Sports and Media, Litigation, Media Coverage, medical negligence, Professional Negligence)

In Redbourne Group Ltd v Fairgate Development Ltd (see here for judgment), the High Court adopted a strict approach against a Defendant who failed to file the defence in time and subsequently applied to set aside the default judgment and for relief from sanctions. Soon after the Jackson Reforms were implemented and particularly after the […]

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Court Fee Concern As Record Low For CCJs.

Posted by Lynne on February 8th 2017
(Business, Commercial Litigation, commercial litigation and dispute resolution, Corporate and Commercial, Debt Recovery, dispute resolution, Insolvency, Litigation)

The number of County Court Judgments against businesses has fallen, according to the Registry Trust’s latest figures, increasing speculation that higher court fees are preventing businesses from accessing court procedures to recover debts. The number of CCJs against businesses in England and Wales fell by 21% from 99,670 to 78,739 in 2016 – the lowest […]

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New Duty To Report Regulation is updated and will come into force from April 2017

Posted by Lynne on January 18th 2017
(banking finance, banking litigation, Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, commercial property and real estate, commercial property and real estate services, Contract Law, Corporate and Commercial, Debt Recovery, dispute resolution, Employment, Insolvency, Litigation, Professional Negligence)

An updated set of draft regulations that specifically requires large companies in the UK to disclose their payment practices has been recently published and the legislative measures are intended to come into force as from April this year. The new ‘Duty to Report’ will lead to much greater transparency of the payment practices of the […]

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Director disqualified for six years for employing illegal workers

Posted by Lynne on November 3rd 2016
(Commercial Litigation, commercial litigation and dispute resolution, Debt Recovery, Employment, Insolvency, Litigation, Professional Negligence)

A restaurant owner has been disqualified from acting as director following his employment of two illegal workers in breach of the Immigration, Asylum and Nationality Act 2006. Home Office Immigration Enforcement Officers visited the restaurant and found that the director was employing two workers who were not eligible to work in the UK. The company […]

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Chief Executive of the Law Society, England and Wales, speaks on Brexit

Posted by Lynne on June 29th 2016
(banking finance, banking litigation, Blog, Business, business finance, clinical negligence, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, Contract Law, Corporate and Commercial, Debt Recovery, Employment, health & safety, health and safety, Industrial Diseases, Insolvency, IP, Sports and Media, Litigation, medical negligence, Personal, Personal Injury, Press Releases, Professional Negligence, Tax and Trust, Uncategorized, wills)

Catherine Dixon, chief executive of the Law Society of England and Wales, said yesterday, changes to key laws in the wake of Brexit could take years to accomplish and pledged the Law Society would work with the solicitor profession, their clients, the public and with government to support a calm transition in the wake of […]

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HSBC launch £10 billion UK SME lending fund today

Posted by Lynne on April 18th 2016
(banking finance, banking litigation, Business, business finance, Commercial Property, Insolvency, Litigation)

HSBC has today launched a £10 billion lending fund to support small and medium-sized enterprises (SMEs) in the UK. The fund is the largest package of support to be announced by HSBC for SMEs in the UK and has been introduced to meet growing demand. It is structured in a way to make banking more […]

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Insolvency News – Personal Insolvencies have reached their lowest point in years.

Posted by Lynne on February 1st 2016
(banking finance, banking litigation, Blog, Business, business finance, Commercial Litigation, commercial litigation and dispute resolution, Commercial Property, Corporate and Commercial, Debt Recovery, Employment, Insolvency, Litigation)

According to the latest official figures released by the Insolvency Service, Personal Insolvencies have reached their lowest point in ten years. A total of 79,965 personal insolvencies were recorded in 2015, marking the lowest annual total since 2005 according to the insolvency data and they were down by nearly one fifth compared with 2014. The […]

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Latest News

31 Jan
More Insolvencies expected to follow Carillion’s demise

The effect of the collapse of Carillion, the Goliath construction company which won the Government’s HS2 Project, and which also managed infrastructure schemes, military contracts, hospitals and schools leaves shockwaves in the construction industry which are yet to settle. The enormity of its demise is all too clear; Carillion employed approximately 20,000 and it is […]

View More

What Clients Say

Originally we placed our case to recoup losses from a Builder who claimed that they had run out of finance and were unable to complete the contract we had to self fund the completion of the work.

We approached a Solicitor’s practice and they advised that after many months are investigation they felt that the builder could not repay the amount. We approached Stripes and they offered a no win no fee approached and we accepted.

Immediately they began proceedings against the Builder and they Court accepted the Claim and the Builder agreed to pay off the debt. Since then we have had a full settlement which Stripes concluded on our behalf.

Andrew Franks, Ellis Franks Ltd View More