Navigating the complex interplay between employment law and insolvency proceedings is crucial for legal professionals. This topic provides streamlined, practical insights into managing employee rights, redundancy processes, and TUPE considerations during insolvency scenarios. Stay informed with the latest statutory requirements and best practices to protect interests efficiently.
The Insolvency Service has partnered with Crimestoppers to encourage reports of disqualified directors who continue to operate illegally, enabling...
This week's edition of Restructuring & Insolvency weekly highlights includes: an examination of an application by bankrupts’ daughters to set aside or...
The LexisNexis Restructuring & Insolvency practical guidance team has published a new Practice Note—‘Challenging a liquidator under section 168(5) of...
Restructuring & Insolvency analysis: The High Court held that directors who knowingly permitted systemic breaches of hire purchase arrangements, and...
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...
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some
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
Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
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