Restructuring & Insolvency weekly highlights—28 July 2022

Table of contents

• Restructuring
• High Court approves sanction of SME restructuring plan (Re Houst Ltd)
• Insolvency litigation
• Assignment of rights against a borrower void for want of authority (Re London Oil & Gas Ltd (in administration))
• Bankruptcy search and seizure orders—mental health considerations (Hyde v Djurberg)
• The need to properly establish whether someone is a de facto director (Manolete Partners plc v Dalal)
• Corporate insolvency processes
• The effect of coronavirus (COVID-19) on a company’s finances—relevant point in time (Re A Company)
• Wasted costs against solicitors acting without proper authority (Rushbrooke UK Ltd v 4 Designs Concept Ltd)
• Re PME Cake Ltd

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Article summary

This week’s edition of Restructuring & Insolvency weekly highlights includes: the first approval of a restructuring plan for a SME (Re Houst Ltd), mental health considerations in connection with a bankruptcy (Hyde v Djurberg), and the impact of an annulment of a bankruptcy order on limitation (Khan v Singh-Sall and Habib Bank), plus a round-up of other news and cases for restructuring and insolvency professionals.