Panos Eliades Callender & Co Corporate Creditors’ Voluntary Liquidation Creditors’ Voluntary Liquidation (“CVL”) is the most common insolvency procedure for insolvent limited companies and is the mechanism for a formal winding-up of a company’s affairs. This procedure is initiated when the shareholders, usually at the directors’ request, decide to put a company into liquidation because […]

Panos Eliades Callender & Co Personal Individual Voluntary Arrangement An Individual Voluntary Arrangement (IVA) is a mechanism by which to avoid bankruptcy. It is a legal process which gives an individual struggling with their debts protection from their creditors. Panos Eliades Callender & Co can assist the debtor in formulating a proposal (the Proposal”) to […]

Panos Eliades Callender & Co Partnerships Partnerships Two or more persons may be in partnership to run a business for profit. Examples of common partnership businesses include professional firms, family and husband and wife businesses. Such businesses may, like all businesses, underperform and face financial difficulties. Since, in law, partners are jointly and severally liable […]

Panos Eliades Callender & Co Advice Advice to Creditors Creditors have certain rights in all types of insolvency procedure. Panos Eliades Callender & Co can advise you of your rights as a creditor and provide you, often free of charge, with a range of services aimed to help you recover your debt, including: Assisting you […]