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Over the last few years there has been a significant increase in the number of LPA (Law of Property Act) and Fixed Charge Receivers being appointed by lenders. This increase has in part been driven by a lender’s loss of right to appoint Administrative Receivers in respect of debentures dated later than 15 September 2003.
So what is the difference between an LPA Receiver and a Fixed Charge Receiver? Quite simply the former is appointed under the powers contained within The Law of Property Act 1925 (“the Act”) and the latter by way of powers contained within a mortgage deed. To confuse matters further Fixed Charge Receivers are often referred to as LPA Receivers but this is incorrect...Read More
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With the financial demands on government, businesses and households how will our charities, voluntary organisations and not for profit organisations survive?
Press articles in recent months have shown that this sector is not immune from recession or market pressures with the well publicised insolvencies of the Immigration Advisory Service and most recently the Choice Care Group. Other headlines refer to more than 2,000 charities having their funding levels either cut or withdrawn altogether and net funding reductions of some £110 million in this year alone... Read More
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This is where we bring you news about all the events and happenings at Cranfield. Click through the links to see what is going on and how you can get involved.
Pentlands Fire Walk
Go Karting Results
Tom Madden Joins the Team
Is this the youngest Cranfield Team Member?
Injury Obstacle for our Olympic Hopeful
Date for Next Cheese and Wine Event
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