Strike off, dissolution and restoration

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Practice notes
A popular restructuring method is a debt for equity swap; financial creditors receive equity in the restructured vehicle in return for reducing or...
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9th Nov
Practice notes
STOP PRESS: This Practice Note is being updated for the Corporate Insolvency and Governance Act 2020 (CIGA 2020), which introduces a new insolvency...
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Produced in partnership with Stephen Allinson 12th Jan
Practice notes
IntroductionThis Practice Note will give a basic overview of the applicable tests for cashflow and balance sheet insolvency under section 123 of the...
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Produced in partnership with South Square 12th Jan
Practice notes
DisclaimerUnder sections 178 and 315 of the Insolvency Act 1986 (IA 1986), a liquidator or a trustee in bankruptcy (trustee) has the power to disclaim...
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9th Nov
Practice notes
One of the initial signs of distress is usually a covenant breach by the company. The lenders may agree to a simple waiver, which cures a temporary...
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9th Nov
Practice notes
This Practice Note looks at:•the key features of loan to value (LTV) covenants•possible issues with calling an event of default based on a LTV...
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Produced in partnership with Alexander Pelopidas, James Walton and Matthew Brew of Rosling King LLP 12th Jan
Practice notes
Creditors are often keen to establish proprietary claims as they create rights in rem (which attach to the property itself) rather than personal...
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9th Nov
Practice notes
The Court of Appeal has made it clear in JCAM that a moratorium cannot be obtained through the back door by filing a notice of intention to appoint an...
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Produced in partnership with Lexa Hilliard QC of Wilberforce Chambers 12th Jan
Practice notes
This Practice Note covers receivers who are appointed by the court, including the circumstances in which a court will appoint a receiver and who may...
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Produced in partnership with John Hughes of Shakespeare Martineau LLP 12th Jan
Precedents
Court Reference No: [INSERT COURT REF. NUMBER][IN THE HIGH COURT OF JUSTICEBUSINESS AND PROPERTY COURTS [OF ENGLAND AND WALES OR IN [INSERT...
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9th Nov
Practice notes
The purpose of section 216 of the Insolvency Act 1986Section 216 of the Insolvency Act 1986 (IA 1986) is aimed at preventing phoenix companies from...
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9th Nov
Practice notes
BrexitBREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note....
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9th Nov
Practice notes
DIP financing generallyDebtor-in-possession financing (DIP financing) is new, post-petition financing provided to a debtor in a bankruptcy case. The...
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Produced in partnership with Liz Downing of Skadden Arps Slate Meagher & Flom LLP 12th Jan
Practice notes
What is a misfeasance claim under section 212 of the Insolvency Act 1986?Claims commenced under section 212 of the Insolvency Act 1986 (IA 1986) are...
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9th Nov
Practice notes
Coronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act 2020 and related changes to court procedures and...
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9th Nov
Practice notes
Coronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act 2020 and related changes to court procedures and...
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9th Nov

Most recent Strike off, dissolution and restoration content

Practice notes
This Practice Note considers the striking off of a company from the register of companies and how to deal with this in the context of a receivership...
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Produced in partnership with Katrina Mather of Hardwicke Chambers 9th Apr
Practice notes
Bona vacantia means ‘goods without an owner’ and is a relevant consideration where any company is at risk of being struck off and dissolved. Any...
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Produced in partnership with Katrina Mather of Hardwicke Chambers 9th Apr
Practice notes
A notice of dissolution takes place after the liquidator has provided the members of the company and the Registrar of Companies with a final account,...
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Produced in partnership with Robert Smailes of Leonard Curtis Business Solutions Group and Simon Hunter of Three Stone 9th Apr
Practice notes
Dissolution marks the end of a company’s life. It constitutes the formal termination of a company as a legal entity and for insolvency purposes ends...
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Produced in partnership with Ian Defty of CVR Global LLP 9th Apr
Precedents
No. [insert number] of [insert number]In the high court of justiceBUSINESS AND PROPERTY COURTS OF ENGLAND AND WALESINSOLVENCY AND COMPANIES LIST...
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9th Apr
Precedents
Company number: [insert number][insert company name] [LTD OR PLC]Minutes of a meeting of the board of directors (the Meeting) of [insert full name of...
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9th Apr
Precedents
[Name and address of recipient]Date: [insert date]Dear [Members OR Organisation name OR Directors OR Individual name][insert company name][LTD OR...
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9th Apr
Precedents
Company number: [insert company number][insert company name][LIMITED OR PLC]Minutes of a meeting of the board of directors (the Meeting) of [insert...
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9th Apr
Precedents
Filed on behalf of the ClaimantWitness statement of [insert name] of [insert name of claimant]Number of witness statement: [First]Exhibit numbers:...
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9th Apr
Practice notes
Why restore a company to the register?When a company has been struck off, it may be possible to make an application to the Registrar of Companies to...
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8th Apr
Practice notes
Why restore an LLP to the register?When a limited liability partnership (LLP) has been struck off, it may be possible to make an application to the...
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8th Apr
Practice notes
Why restore an LLP to the register?When a limited liability partnership (LLP) has been struck off, it may be possible to make an application to the...
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8th Apr
Practice notes
Coronavirus (COVID-19): Following the COVID-19 outbreak, some Companies House filing and other administrative procedures have been temporarily...
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8th Apr
Practice notes
Why restore a company to the register?When a company has been struck off it may be possible for an interested person to make an application to the...
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8th Apr
Practice notes
AAdministrative restorationThe administrative restoration procedure was introduced by the Companies Act 2006 (CA 2006) as a simpler way to restore a...
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8th Apr
Practice notes
Coronavirus (COVID-19): Following the COVID-19 outbreak, some Companies House filing and other administrative procedures have been temporarily...
Read More >
8th Apr
Practice notes
Coronavirus (COVID-19): Following the COVID-19 outbreak, some Companies House filing and other administrative procedures have been temporarily...
Read More >
8th Apr
Precedents
No. [insert] of [insert]In the high court of justiceBUSINESS AND PROPERTY COURTS FOR ENGLAND AND WALESINSOLVENCY AND COMPANIES LIST (ChD)Companies...
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24th Feb
Q&As
Dissolved mortgageeAccording to our Practice Note: Voluntary striking off and dissolution, housed in our Lexis®PSL Corporate module:'If a company is...
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15th Feb
Q&As
This Q&A considers the following issues in a scenario where the relevant lease has not been forfeited or disclaimed.What happens to the assets of a...
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15th Feb

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