Insolvency Myths: What Directors Get Wrong
Commercial awareness for regional and high street law, by the people doing it.

Need to know
Insolvency myths are the cause of many problems.
Liquidation doesn’t mean personal ruin for the Director.
Insolvency laws punish misconduct, not misfortune.
Welcome to TSL’s Weekly Edge, whether you’re aiming for a regional or high-street practice, or just want to get a feel for how law works in the real world beyond textbooks, you’re in the right place.
No corporate jargon, no massive deals, just real useful information designed to give you that extra edge in your legal journey.
🧠Wilson’s Weekly Wisdom
Don’t underestimate the value of a phone call.
Emails are easier as you can draft, tweak, and hide behind the screen. But one quick call will often do the job of five emails.
Early on, I always felt it daunting picking up the phone, especially as these days we are so used to typing everything out. But in practice, phone calls solve problems faster. You can clarify things instantly, pick up on tone, and actually understand what someone means rather than guessing through email chains.
Remember calls are also harder to ignore. An email can sit unread, a ringing phone usually gets a response.
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- Your Turn: Ask Us Anything (Almost)
- You Asked! We Answered!
- Spotlight Article
- What’s happening?
- Why it matters to high street firms
- So what?
- Interview gold:
- Your (Actually Useful) To-Do List
- Ponder This
- Flash Focus: This Week in Brief
- Final Words