A bankrupt person is usually automatically discharged from bankruptcy on the 12-month anniversary of being made bankrupt. When a bankrupt is discharged, it frees them from the restrictions of bankruptcy and most of their bankruptcy debts under section 281...
The High Court has upheld a decision by joint administrators to reject a proof of debt in BV8 Ltd v BV9 Ltd & Ors [2023] EWHC 3048 (Ch). The proof of debt was submitted, claiming over £1 million. The Claimant’s appeal was dismissed due to...
Running a livery yard can be enjoyable and stressful at the same time, from trying to meet the individual needs of liveries to scheduling field rotations to keeping on top of business paperwork. One thing that should be manageable for a livery yard owner is...
At the start of this month, there was some welcomed news for insolvency practitioners who act as administrators. The Supreme Court handed down judgment in R (on the application of Palmer) v Northern Derbyshire Magistrates Court and Another [2023] UKSC 3013...
If you own horses - especially if you compete - you will know that we are in the midst of the eventing season. Whether competing at Hickstead, Badminton or in local events, there are various rules and regulations regarding the transportation of horses....
Whether you are buying your first horse or buying another, the process can be a minefield. Dodgy dealers and adverts which stretch the truth can leave buyers with a horse that is far from what they were looking for and sometimes hundreds, if not thousands,...
The cost of living crisis has prompted many horse owners to consider loaning their horse out (in part or full) to have a level of financial assistance with the associated costs. Whether the loan is short or long-term, to a friend or a stranger,...
There are two common ways you can buy or sell a business. This is either by a share purchase/sale or an asset purchase/sale. Although the objective of each option is broadly the same, there are advantages and disadvantages to each. The decision of which...
I have been a horse owner for many years. Owning a horse or pony is a lifestyle rather than a hobby and I am all too familiar with the commitment involved in owning these beautiful animals, they are like family. There is nothing I enjoy more than riding my...