Liquidation trading name
When a company enters insolvent liquidation, insolvency legislation prevents the same name or similar being used again by the company's directors. This is How to avoid personal liability for reusing a company name in a phoenix name or trading name of a previous company that has gone into insolvent liquidation, 31 Jul 2017 An article from Real Business Rescue discussing why a company would want to use the same name after liquidation. Can it be done? What are This could be where a company's name is changed immediately before liquidation, or where the name has a possible re-sale value. In both cases the official The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically The names of those administrators will usually be on the website of the company that's gone bust. You'll need this information if you need to make a claim.
As the name suggests, GencoMarketplace is a division of GENCO: the logistics company which is now owned by FedEx under the rebranded name FedEx Supply Chain. The platform has traditionally been targeted towards large retail chains to help them liquidate their returns inventory and to recover their costs.
30 May 2019 Embattled Swiber Group has survived a liquidation scenario after its creditors Seatrade, a trading name of Informa Markets (UK) Limited. The term liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. A bankrupt business is no longer in existence once the liquidation process is complete. Liquidation can also refer to the process of selling off inventory, usually at steep discounts. The ‘prohibited name’ restrictions include any name the liquidated company has been known by at any time in the 12 months immediately before the liquidation. This might be the official company name registered at Companies House, a trading name, or any name that’s similar enough to the registered or trading name to suggest an association with the liquidated company. KeyTakeaways The liquidation level, normally expressed as a percentage, is the point that, if reached, will initiate the automatic closure of existing positions and is, usually, pre-determined by the trader or the brokerage firm. Liquidation levels are typically associated with margin accounts. Trading names are not protected by law; When you register a company name at Companies House, it is protected by law so no other business can use it. Trading names do not receive this protection, which means that if someone wanted to register your trading name as a limited company, they could do so, whilst also demanding that you stop using it. As the name suggests, GencoMarketplace is a division of GENCO: the logistics company which is now owned by FedEx under the rebranded name FedEx Supply Chain. The platform has traditionally been targeted towards large retail chains to help them liquidate their returns inventory and to recover their costs.
These rules aim to prevent a director running up debt, liquidating the company and consequently leaving creditors out of pocket, only to then set up a brand-new company with a clean financial slate, and operate under a similar trading name, appearing to all intents and purposes as though nothing has changed.
11 Mar 2020 If you have been the director of a company with the same or a similar name to the liquidated company, which was trading 12 months before the 31 Jul 2018 If your company has been liquidated and you are in the process of setting up a new business, you may be tempted to use the same, or a similar Section 216 of the Insolvency Act 1986 makes it illegal for any person who was a director of a company at any point in the 12 months before that company went
7 Nov 2019 one or more claims have been filed by creditors with a Turkish court and the company is bankrupt. The liquidation process can be: voluntary (as a
Understand your options and how they apply if you have to declare bankruptcy or liquidation. Register a business name · Register for Register a trade mark. 6 Dec 2019 Comes as company that had been trading as New Horizons Learning Centre begins voluntary wind-up. 5 Oct 2019 “The liquidator has incorrectly named HB Recruitment, HB Labour Hire and HB Recruitment and Training as a trading name of this business,” Ms 30 May 2019 Embattled Swiber Group has survived a liquidation scenario after its creditors Seatrade, a trading name of Informa Markets (UK) Limited. The term liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. A bankrupt business is no longer in existence once the liquidation process is complete. Liquidation can also refer to the process of selling off inventory, usually at steep discounts. The ‘prohibited name’ restrictions include any name the liquidated company has been known by at any time in the 12 months immediately before the liquidation. This might be the official company name registered at Companies House, a trading name, or any name that’s similar enough to the registered or trading name to suggest an association with the liquidated company.
As the name suggests, GencoMarketplace is a division of GENCO: the logistics company which is now owned by FedEx under the rebranded name FedEx Supply Chain. The platform has traditionally been targeted towards large retail chains to help them liquidate their returns inventory and to recover their costs.
7 Nov 2019 one or more claims have been filed by creditors with a Turkish court and the company is bankrupt. The liquidation process can be: voluntary (as a Understand your options and how they apply if you have to declare bankruptcy or liquidation. Register a business name · Register for Register a trade mark. 6 Dec 2019 Comes as company that had been trading as New Horizons Learning Centre begins voluntary wind-up. 5 Oct 2019 “The liquidator has incorrectly named HB Recruitment, HB Labour Hire and HB Recruitment and Training as a trading name of this business,” Ms 30 May 2019 Embattled Swiber Group has survived a liquidation scenario after its creditors Seatrade, a trading name of Informa Markets (UK) Limited. The term liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. A bankrupt business is no longer in existence once the liquidation process is complete. Liquidation can also refer to the process of selling off inventory, usually at steep discounts.
Trading names are not protected by law; When you register a company name at Companies House, it is protected by law so no other business can use it. Trading names do not receive this protection, which means that if someone wanted to register your trading name as a limited company, they could do so, whilst also demanding that you stop using it.