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The Insolvency Service has published statistics for individual insolvencies in England and Wales for 2025, broken down by region, local authority...
Restructuring & Insolvency analysis: The High Court applied established authorities and principles to grant declaratory relief, retrospective...
This week's edition of Restructuring & Insolvency weekly highlights includes: the launch by the Insolvency Service of a consultation on corporate...
The LexisNexis Restructuring & Insolvency practical guidance team has published a new Practice Note—‘Misfeasance claims against administrators under...
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...
Bankruptcy searchesBankruptcy searches at the Land Charges DepartmentWhen a bankruptcy petition is presented by a creditor, the court shall as soon as reasonably practicable send to the Chief Land Registrar notice of the petition, together with a request that it may be registered in the register of
How to serve a demand for paymentA demand for payment is a formal demand made in accordance with the contractual requirements underpinning the liability which the party issuing the demand is seeking to enforce.A demand will be necessary where the contract which exists between the parties requires 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
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
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