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.
Companies House has published guidance on how the registrar will assess whether applicants and existing Authorised Corporate Service Providers (ACSPs)...
Restructuring & Insolvency analysis: The Commercial Court held that section 423 of the Insolvency Act 1986 (IA 1986) applied to a €1 transfer of...
Law360, London: The High Court has stayed an English claim arising from the enforcement of Dutch lingerie retailer Hunkemöller International BV’s...
Dispute Resolution analysis: The High Court stayed English proceedings challenging an enforcement and distressed disposal until related New York...
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
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
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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