Todays News

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Father and Son Get Matching 8 Year Disqualifications For Wrongdoing with Two Barclays Bounce Back Loans for Their Similar Sounding But Separate Businesses

September 22, 2022

Two Barclays Bounce Back Loans worth some £45k each were never repaid at the time of liquidation by the Company Directors named below, who are now both starting 8 year disqualifications, for amongst other things, over-egging their turnover to get both of those loans. […]

Co-Directors Given a 2 Year 6 Month and a 5 Year Disqualification One for Abrogating Her Duties and the Other for Applying for a £50k Bounce Back Loan That Was Not Used for the Benefit of the Business

September 22, 2022

An HSBC Bounce Back Loan worth some £50k was not used for the benefit of the business it was acquired for is the long and short of the case outlined below, which has seen two Co-Directors given quite lenient disqualifications when compared to similar cases. […]

11 Year Disqualification for Getting a £40k HSBC Bounce Back Loan When Not Eligible and Not Using it For the Benefit of the Business

September 22, 2022

Here are the sordid details of yet another HSBC Bounce Back Loan that a Company Director who is now starting an 11 year disqualification got, that his business was not eligible for and to rub salt into tax-payers wounds (who will have to repay it), he did not use that loan for the benefit of his business. […]

Three More Bounce Back Loans Have Arrived at the BBL Knackers Yard with Three Company Directors Hit with a 9 Year, 3 Year 6 Month and an 11 Year Disqualification for Their Wrongdoing

September 21, 2022

Two NatWest and one Lloyds Bank Bounce Back Loan are no longer going to be repaid by the businesses listed below, due to the actions of the following Company Directors, all of whom have been hit with disqualifications. […]

Just a 7 Year Disqualification for a Company Director Who Couldn’t or Wouldn’t Prove a £40k Barclays Bounce Back Loan His Company Applied for was Spent on the Business and Whether it Was Eligible for that BBL

September 20, 2022

The increase in Company Directors choosing to fail to maintain, and/or preserve or alternatively not deliver to the Liquidator their accounting records when taking the insolvency route with a Bounce Back Loan is interesting, for here is yet another case of a Director who got a noticeably lower disqualification than he would have got if such records were available and proved BBL wrongdoing. […]