Atherton Corporate (UK), Atherton Corporate Rescue and five associated companies - Wound Up

Atherton Corporate (UK) and Atherton Corporate Rescue, connected corporate rescue firms, as well as five associated companies, have been wound up.

The companies claimed their services were ‘a legal alternative to using insolvency practitioners’ and routinely encouraged directors of struggling companies to sell their businesses and avoid liquidation, advising they would have no further responsibility for their company or its debts. They also advised would-be customers that they could delay providing information to Companies House so they could continue to access the distressed company’s bank account.

The Official Receiver was appointed liquidator of five of the companies, while Julie Tait of Grant Thornton was appointed liquidator of two companies.