Month: August 2022

I think you will agree, the turnover this Company Director declared when applying for a Bounce Back Loan for his business was somewhat over-egged, the upshot being he has just been given a 7 year disqualification. […]

Another case in which a Liquidator is left scratching his or her head trying to work out whether wrongdoing has been discovered regarding a Bounce Back Loan and Coronavirus Job Retention Scheme funds, either way due to lack of accounting records the Company Director named gets a 6-year disqualification. […]

One of the longer cases I have reported on, you will see this Company Director did indeed deserve the 7-year disqualification he has just been given, which on reflection does appear rather lenient when compared to others who have found to have done similar wrongdoing. […]

Considering the length of disqualifications that have been handed out recently for all manner of supposed wrongdoing related to funds from a Bounce Back Loan, the 4 year one given to this Company Director was rather lenient. […]

It has not been possible for the Liquidator to work out whether a Company was eligible for a BBL and whether that loan was used for the economic benefit of the business for the reasons laid out in this case, but ultimately the Director was hit with a 6-year disqualification: […]

Looking at the value of Bounce Back Loans that have already turned sour with Tide, you can see why they are claiming the guarantee so quickly when you read about this case, which saw a Company Director slapped with a 10-year disqualification. […]

Not one of the longest disqualifications to be handed out recently for Bounce Back Loan wrongdoing, but this case will give you an insight into what a Company Director did that was deemed serious enough for him to receive a 7-year ban. […]

A rather long case for you to read through today in which you will see the reasons for a Company Director being given an 11-year disqualification. […]

Have a read through this case, as it shows what Company Directors can face when taking the Insolvency route with a Bounce Back Loan still owning, and not proving the accounting records to help the Liquidator work out what is what. […]