CVA

• For pet parents concerned about allergies affecting their furry companions, Trupanion consulted with veterinarian and Trupanion General Manager, Dr. Stephen Rose, BVSc (Hons1) M Infotech CVA ACVCHM, for his insights.
• “Allergies, much like in humans, can have broad health implications, affecting skin, ears, eyes, feet, and even internal organs,” said Dr. Rose.
• “Allergies are less seldom triggered by a singular factor but rather accumulate from multiple triggers, ultimately prompting the need for treatment.
• For Trupanion-covered pets in North America, the highest number of allergy related claims over the past 3 years occurred in these states or provinces:

• But since the 1980s, the UK has made it a priority to throw a lifeline to struggling companies.
• It appears, however, that these efforts to enhance the law are being hampered by sloppy language in the media, increasing the stigma around insolvency and potentially deterring businesses from seeking help.
• So what is the correct language to use when we’re discussing insolvency?

Corporate insolvency law

• They are found in the Insolvency Act 1986 (liquidation, administration, company voluntary arrangements (CVAs) and standalone moratoriums) and in the Companies Act 2006 (schemes of arrangement and restructuring plans).
• The liquidator then distributes the value of the assets among the creditors of the company in a ranked order, known as the “insolvency waterfall”.
• It is a voluntary arrangement between the company and its creditors, supervised and approved by an insolvency practitioner (that is, someone who is licensed to act on behalf of an insolvent company).
• For example, after calling in administrators earlier this year, The Body Shop is now thought to be seeking a CVA.

• Directors are given 20 business days to assess their rescue and recovery options.
• The scheme of arrangement, regulated by the Companies Act 2006, is a procedure available to companies that are not yet insolvent.
• Think of it as something akin to an individual consolidating their credit cards, or arranging a plan to repay arrears.

The reality of corporate insolvency

• Clearly, the legislative priority in the UK over the past 40 years has been to promote corporate rescue and renewal.
• This should, in principle, be particularly useful to British businesses at a time when the UK has seen a record number of business failures, with no fewer than 26,595 corporate insolvencies in 2023.
• That figure is 14% higher than in 2022 and 43% higher than pre-pandemic levels in 2019.
• With an increasing number of companies in financial difficulty, we might have expected that corporate rescue cases would have risen too.

The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

• PetPace ™, a leader in advanced pet health monitoring, announced today the launch of PetPace 2.0, an AI-powered, life-saving smart dog collar delivering continuous, near real-time medical insights for early detection, treatment, monitoring, and GPS tracking for canine health.
• PetPace improves the health and quality of life of pets through remote monitoring, to bring peace of mind to pet owners.
• Only PetPace AI-powered smart dog collar provides immediate health alerts, continuous vital sign monitoring, proprietary wellness scores, and health comparisons based on their exclusive database.
• “It also enables the veterinarian to remotely assess the pet’s condition using objective and accurate in its natural setting.”

• Enrollment for the 2024-2025 school year is now open at Destinations Career Academy of Oregon (ORDCA), Cascade Virtual Academy (CVA), and Insight School of Oregon-Painted Hills (ISOR-PH), online tuition-free public schools for K-12 students.
• View the full release here: https://www.businesswire.com/news/home/20240222251182/en/
  All part of the Oregon public school system, ORDCA, CVA, and ISOR-PH are online, tuition-free schools providing kids the opportunity to learn in a remote environment, available to Oregon K-12 students statewide.
• “We are committed to making our schools the best for students who want an alternative to the traditional learning model,” said ORDCA, CVA and ISOR-PH Head of School, Melissa Hausmann.
• ORDCA, CVA, and ISOR-PH are now accepting enrollment applications for the 2024-2025 school year.