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 following Restructuring & Insolvency news provides comprehensive and up to date legal information on Too much information? The limit of office-holders’ powers under sections 235 and 236 of the Insolvency Act 1986 (Re Eversholt Rail (365) Limited)
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on Business rates liability, CVAs intersect and proprietary rights (City of London v Robinson Webster)
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on Restructuring & Insolvency weekly highlights—5 February 2026
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
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
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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