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Jon Rudd

Jon manages high‑risk insolvency cases and delivers structured, compliant outcomes.

Articles by Jon Rudd

Help! I’ve been hit with a Winding Up Petition

A winding‑up petition is a creditor’s legal request to the court to force a company into compulsory liquidation. Directors must treat a petition as urgent: if the court issues a winding‑up order, a liquidator takes control and the company is closed.

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Who Pays for Company Liquidation?

Liquidation costs can be covered by company assets, director redundancy claims, or personal funds. Directors should understand their options before choosing voluntary or compulsory liquidation.

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When is a Company Insolvent?

It can sometimes not be clear and obvious whether a company is insolvent or not. Seemingly insignificant issues can cause business failure if they happen in conjunction with other similar problems.

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