Restructuring & Insolvency weekly highlights—15 May 2025

Article summary

This week's edition of Restructuring & Insolvency weekly highlights includes: the launch of a consultation on a new practice statement for schemes of arrangement and restructuring plans, the judgment of the Court of Appeal concluding that administrators are unable to obtain an order under section 234 of the Insolvency Act 1986 for delivery of possession of a property over which receivers have been appointed by the mortgagee (Carvill-Biggs v Reading), analysis of the Court of Appeal’s decision relating to a remuneration application by administrators (Frost v The Good Box Co Labs Ltd), plus a round-up of other news and cases for restructuring and insolvency professionals.