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 R3 Association of Business Recovery Professionals has published its Quarterly Business Health Report for the second quarter (Q2) of 2026,...
This week's edition of Restructuring & Insolvency weekly highlights includes: an analysis of the Supreme Court’s decision that an unrecognised and...
Restructuring & Insolvency analysis: Mr Justice Fordham dismissed an appeal against conviction under section 216(3)(c) of the Insolvency Act 1986 (IA...
The Insolvency Service has published its annual plan for 2026–2027, setting out its strategic priorities, key initiatives and performance targets for...
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 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 point
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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