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Wrong. Any sale back to company directors must be for full market value. Administrators are under a strict duty to ensure that the assets are marketed to outsiders before any final sale back to directors are agreed. And remember - you must have on-going funding available to buy back the assets and continue to trade, so directors need to be 100% certain that they can pay for the assets before entering into any agreement to buy back. Administration is not as simple as you may have been lead

Our Cartoon

Despite being from North Cumbria, Dodd Rescue are nationally recognised and regularly asked to contribute to speaking events and exhibitions.

This animation was designed to raise the firm’s profile at these events and perhaps show the modern face of professionals which is a world away from the out-dated “grey suited” cliché. The short films also mean that with the increasing use of social media, Dodd & Co as a firm is able to reach a much wider audience.

We hope you enjoy the cartoon, you might even spot a few familiar faces!

To view cartoons from Dodd & Co’s other specialisms visit our YouTube channel.