Navigate the complexities of industry-specific restructuring and insolvency with our comprehensive sector guides. Tailored for professionals, these guides deliver actionable insights and practical advice to address unique challenges within various industries. Stay ahead with expert analysis and sector-specific strategies designed to support your legal practice and optimise outcomes for your clients.
The Institute of Chartered Accountants of Scotland (ICAS) has published its insolvency technical update for June 2026, confirming that the Insolvency...
The Insolvency Service has published a review of recent reforms to Debt Relief Orders (DROs), concluding that the changes have widened access to debt...
The LexisNexis Restructuring & Insolvency practical guidance team has published a new Practice Note: The Corporate Civil Enforcement Reforms...
The Insolvency Service has published management information on coronavirus (COVID-19) Bounce Back Loan (BBL) recoveries in Great Britain covering May...
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 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
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
Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
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