How Are Cryptocurrency and Digital Assets Treated in UK Courts?

Business, Civil Litigation, Commercial Litigation, Debt Recovery / Dominic Levent

How Are Cryptocurrency and Digital Assets Treated in UK Courts? As cryptocurrencies and digital assets become increasingly common in commercial transactions, investments and personal wealth management, courts in England and Wales have had to address how these assets should be treated under existing legal principles. Digital assets such as cryptocurrency create unique legal challenges because they do not fit easily within traditional concepts of physical property. However, courts have increasingly recognised that digital assets can have real value […]

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How to Challenge a Preferential Payment to a Creditor

Debt Recovery / Dominic Levent

How to Challenge a Preferential Payment to a Creditor When a company enters insolvency, the transactions it carried out before liquidation or administration may be reviewed by an insolvency practitioner. This is because certain payments made before insolvency can unfairly place one creditor in a better position than others. A preferential payment occurs where a company pays a creditor, guarantor or another party in a way that improves their position compared with other creditors if the company later

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How Bad Debts Impact Small Businesses in the UK

Debt Recovery / Dominic Levent

How Bad Debts Impact Small Businesses in the UK Bad debts are one of the most damaging and underestimated threats to small businesses in the UK. When customers fail to pay on time—or fail to pay at all—the consequences ripple through every part of a business. Cash flow tightens, growth stalls, and owners are forced

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