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- Preferential Creditors

Preferential Creditors Newsletter

Closed Nottinghamshire restaurants owe more than £200,000 after being put into liquidation 31 Jan 2025 14:09 GMT
… has been listed as a preferred creditor, is owed £43,752. Various …
Homebase: Unsecured creditors owed more than £650m 31 Jan 2025 12:59 GMT
… late last year. Unsecured non-preferential creditor claims now sit at £657m …
Homebase owes £650m unsecured debt as administration details emerge 31 Jan 2025 09:28 GMT
… administrator, disclosed that unsecured non-preferential creditor claims totalled £657 million—a …
Homebase owes unsecured creditors more than £650m 30 Jan 2025 19:36 GMT
… administrator in November. Unsecured non-preferential creditor claims had reached £657 million …
IMF’s Exceptional Access Policy Faces Growing Criticism: A Call for Reform 30 Jan 2025 00:11 GMT
… fear that the IMF’s preferred creditor status would leave them bearing …
Big bailouts, bigger problems 29 Jan 2025 07:05 GMT
… . Because of the IMF’s preferred creditor status, creditors will naturally fear … to undermine the IMF’s preferred creditor status. When a restructuring of …
(UK) Are Preferential Creditors Unsecured Creditors? 13 Aug 2024 21:16 GMT
… this time being whether “preferential creditors” are unsecured creditors … preferential unsecured creditors. Therefore, preferential creditors (whether secondary preferential or … legislation to determine whether preferential creditors are unsecured creditors …
African Union backs Afreximbank over preferred creditor status 05 Aug 2024 14:10 GMT
The Alliance of African Multilateral Financial Institutions (AAMFI) has received a major endorsement from the African Union (AU) on the sidelines of its biannual meeting held in Accra, Ghana, at the end of July. Set up at the beginning of the year, AAMFI …
Under fire from JP Morgan, Afreximbank defends preferred creditor status 29 Jul 2024 13:06 GMT
HMRC gains only £14.4m in extra tax from insolvencies since regaining preferential creditor status 19 Jul 2024 09:47 GMT
The preferential status, known as ‘Crown Preference’, was reinstated for HMRC in December 2020, granting it priority in reclaiming taxes owed from insolvent businesses ahead of other unsecured creditors, including banks and suppliers. This change marked …

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