Navigating the responsibilities and liabilities of company directors during insolvency can be challenging. This topic provides critical insights and practical strategies to manage directors' duties, mitigate risks, and ensure compliance with legal obligations, enabling specialists to effectively support their clients through complex restructuring and insolvency scenarios.
Law360: Lenders to Serta Simmons Bedding presented closing arguments in a Texas bankruptcy court on 25 March 2026 in a trial over damages that...
The Insolvency Service has reported that Jack Mason, has been disqualified as a company director for seven and a half years for failure to prevent the...
The LexisNexis Restructuring & Insolvency practical guidance team has published a new Practice Note— ‘Getting in the company's property under section...
The Council of the European Union has given the final stamp to a new EU law harmonising key aspects of insolvency rules across the EU, aiming to make...
Role, powers, functions and duties of a liquidatorThe role and function of a liquidatorA liquidator is the officer appointed when a company goes into...
Bonds and notesThe terms ‘bonds’ and ‘notes’ are used interchangeably (and there is no legal difference between the terms), though notes tend to be...
Bankruptcy searchesBankruptcy searches at the Land Charges DepartmentWhen a bankruptcy petition is presented by a creditor, the court shall as soon as...
Basic introduction to super senior, senior, mezzanine and junior debtThe range of funding options open to companies has exploded, resulting in a vast...
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a
Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
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