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 following Restructuring & Insolvency news provides comprehensive and up to date legal information on Fraudulent Trading regarding wrongly-obtained Coronavirus support schemes (Bourne v Tunaru)
Supreme Court confirms that undisclosed car finance commissions are not unlawful in landmark judgment (Hopcraft and another v Close Brothers Limited; Johnson v FirstRand Bank Limited (London Branch) t/a MotoNovo Finance; Wrench v FirstRand Bank Limited (London Branch) t/a MotoNovo Finance)
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on Insolvency–fraudulent trading and dishonest assistance (Bilta and others v Tradition Financial Services)
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on South Square Digest—August 2025
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
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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