
Marc is a Partner and Notary Public, based in our Estates, Tax Planning and Trusts team.
Marc is based in our Bristol office, but can support you nationally.
Share this page
Latest articles from VWV

- Articles
Financial distress & duties to creditors - a reminder to look beyond your charity's beneficiaries
Recent news reports on the closure of The Big Difference arts venue on the High Street in Leicester city centre due to financial struggles and the decision of the trustees of Big Difference Company to make a serious incident report to the Charity Commission are just the latest in a serious of instances of charities closing due to financial distress and insolvency. These instances often illustrate all too well the oft-quoted line about insolvency happening "Two ways: gradually, then suddenly” leaving beneficiaries, employees and other stakeholders bewildered, and charity trustees fighting to justify their decisions.













