Unlock a comprehensive glossary designed specifically for restructuring and insolvency professionals. This indispensable resource demystifies key terms and jargon, enabling you to navigate complex legal landscapes with precision and confidence. Perfect for seasoned practitioners and newcomers alike, ensure you're equipped with the exact language needed to excel in your practice. Dive in and enhance your legal vocabulary today.
The Insolvency Service has announced that Kyle McGinness and Leanne Moynes, directors of YSK Enterprises Ltd, have each been disqualified from acting...
The government has published details of the ‘Register your rental property’ service, which forms part of the second phase of Renters’ Rights Act 2025...
This week's edition of Restructuring & Insolvency weekly highlights includes: the appointment of Lord Briggs as the next President of the UK Supreme...
Restructuring & Insolvency Analysis: Mr Aliotta’s bankruptcy did not bar the court from determining pre-existing claims under section 423 of the...
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
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
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin termDefinitionMeaningActa iure imperiiLegal
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