Sensi Limited, a small loans company, are insolvent. They won a number of assets which are subject to fixed and floating charges and owe a large amount of corporation tax. They are also being investigated for money laundering and other offences including poor lending practices, bribing a government official and gaining unauthorised access to competitors computers in order to access their clients. They have failed to operate in accordance with legislation and guidelines on responsible lending. They want advice on the insolvency and possible criminal charges and penalties.

Your report must:

• Explain the process of insolvency for business organisations.
• Analyse the relationship between legal principles, legislation, case law and ethical codes.
• Explain the elements and consequences of malpractice, fraud and bribery in business organisations.
• Explain offences and penalties related to money laundering.
• Explain offences and penalties related to computer misuse and cybercrime.

To gain a merit, your report must:

• Advise on the insolvency process for a given situation.