Forced Liquidation – Bounce Back Loan

Barclays Bank Resumes High Court Winding Up Petitions After Two-Year Pause, Targeting Companies with New Analysis of Tax Returns and Turnover Data

Barclays restarts High Court wind-ups after a two-year break, targeting companies with suspect Bounce Back Loans using advanced tax and turnover analysis. […]

New Pilot Schemes That Are Proving Successful When Bounce Back Loan Wrongdoing is Suspected Have Been Commissioned, Including a New “Forced Liquidation” Scheme

Sarah Munby Permanent Under-Secretary of State for the Department of Business, Energy and Industrial Strategy Confirms a New “Involuntary Liquidation” Pilot Scheme has been commissioned and is proving successful. […]

Defaulting Bounce Back Loan Directors Risk High Court Wind-Ups and Pursuit by Agressive “Bounty Hunters” Who Get a Cut of the Money They Recover

Directors with defaulted Bounce Back Loans are warned to prepare, as High Court wind-ups and aggressive bounty hunters loom. […]

Starling Bank Targets Companies with High Court Winding-Up Orders, Joining Barclays and Aggressive BBL Recovery Efforts

Starling Bank is escalating its pursuit of companies suspected of Bounce Back Loan (BBL) misuse, filing High Court winding-up orders alongside Barclays and third-party “BBL bounty hunters.” This aggressive crackdown signals a broader push to recover funds from businesses accused of loan fraud. […]

Judge Briggs Orders Winding Up of Companies Accused of Defrauding Lloyds and Bank of Scotland with Bounce Back Loans

After delays, Judge Briggs has issued winding-up orders for multiple companies suspected of defrauding Lloyds Bank and Bank of Scotland through misuse of Bounce Back Loans. The rulings mark a significant step in holding businesses accountable for alleged loan fraud. […]

Inside Lloyds Bank’s High Court Battles: A Judge Grants Access to Report on Alleged Bounce Back Loan Misconduct Cases

A judge has permitted observation and reporting on Lloyds Bank’s High Court cases involving companies accused of Bounce Back Loan misconduct. These proceedings reveal how the bank is pursuing legal action against businesses suspected of defrauding the government-backed loan program. […]

NatWest Joins Barclays, Lloyds, and Starling in High Court Push to Wind Up Companies with Government-Backed Loans – Is Your Business on the List?

NatWest has filed a series of High Court winding-up petitions targeting companies suspected of misusing government-backed loans, following similar moves by Barclays, Lloyds, and Starling Bank. With a surge in recent filings, businesses are urged to check if they’re named in these legal actions, as the clampdown on loan misconduct intensifies. […]

High Court Judge Orders Liquidation of Two Firms That Secured £100,000 in Bounce Back Loans and £1.5m from the Future Fund

A High Court judge mandates liquidation of two firms that fraudulently obtained £100,000 in Bounce Back Loans and £1.5M from the Future Fund. […]

Exposed – Key Warning Signs (Including Real-Life Cases) Lenders Scrutinize Before Targeting Bounce Back Loan Defaulting Limited Companies for High Court Winding-Up, and the Consequences That Follow

Uncover the red flags lenders use to target defaulting Bounce Back Loan companies for High Court wind-ups, with real cases and their fallout revealed. […]