Company Voluntary Arrangement Punt That Debt
by Robert Jameson, 09/03/2013 | Permalink | Email this
On Sunday last week New York’s Lauren Silberman made history as the first woman to kick a football in the NFL, (that’s American football to us in the UK).
The NFL have allowed women to play in the NLF League since 2012. Silberman who is 28 years old and has no history in American football was trying to promote awareness for women in sports.
She has a lifelong love of sports, a brilliant mind, she has a master’s degree in comparative media studies at MIT and she also wrote a thesis on how video games boost performances in 2009.
E! Entertainment and a host of other media outlets were there to see her every move and when the time came to “kick” the ball, her first attempt went just 19 yards and the second and last attempt went only 13 yards.The second kick caused an injury which meant she could not carry on.
Unfortunately this prompted negative comments from others such as Katie Hnida, a former college placekicker for New Mexico, who said Silberman had set back women’s sports with her embarrassing effort: “Her performance does not have to do with her gender, it has to do with her experience and her preparation”.
Apparently Silberman had no practice kicks before attempting her “kick” siting that she was injured in the week leading up to the day. Although she did say she had been training a few hours every day for the last week with indoor football league player Ricky Krautman.
Up and coming star Mo Isam was also disappointed by Silberman quoting that she was shocked at her ‘lack of preparedness, training, skill and ability.
Silberman said afterwards that she had suffered a quadriceps injury while preparing for the tryout earlier in the week, ‘I tried to stay off it and waited for today’ she said ‘I didn’t even take kicks in the warm-ups, I wanted to work though it and certainly tried to, but just couldn’t do it today’.
So why did she go through with this knowing that she had an injury? For me she should have called it off until she was fit. We all make mistakes and misjudgments but its how we deal with it and move on that’s important.
Take for instance a Company Voluntary Arrangement, an often overlooked insolvency procedure. Yet it gives Directors the chance to dump a proportion of their unsecured debts and put the rest into a manageable payment plan – Increasing cashflow, saving jobs, letting the company continue – punt that debt with a Company Voluntary Arrangement.
Categories: CVA - Company Voluntary Arrangement, Sports, tgnews
Tags: Company Voluntary Arrangement, Company Voluntary Arrangement Punt That Debt, CVA, insolvency procedure, Katie Hnida, Lauren Silberman, Mo Isam, NLF, Ricky Krautman, unsecured debts
On the
web
Categories
- Adjournment (1)
- Administration (3)
- Bailiffs (3)
- Bank (3)
- Bankrupt (1)
- Business Cash Flow Problems (2)
- Business Debt (1)
- Cash Flow (2)
- company cash flow problems (10)
- Company Debt Problems (3)
- Company Debts (1)
- Company In Financial Trouble (1)
- company tax debt (1)
- Company Tax Pressure (1)
- Company Tax Problems (4)
- Compulsory Liquidation (1)
- County Court Judgements (CCJ) (11)
- County Court Summons (4)
- Courts (1)
- CVA - Company Voluntary Arrangement (384)
- Debt (18)
- Debt Collection (2)
- Director Loan Accounts (1)
- Dividends (2)
- Duty of Care (1)
- Economy (1)
- EU (1)
- HMRC (238)
- HMRC Winding Up Petition (13)
- Insolvency Practitioner (6)
- Insolvency Service (3)
- IVA (1)
- Liquidate My Company (3)
- Liquidations (CVL) (17)
- Loans (1)
- Market Assessment Demographic Educational Partners (3)
- Official Receiver (1)
- PAYE (77)
- Personal Debt (2)
- Phoenix Companies (1)
- Pre-Pack (1)
- Sports (38)
- Tax (3)
- Validation Orders (1)
- VAT (81)
- Voluntary Liquidation (4)
- Winding up Petition (343)