Pre-packs

View Restructuring & Insolvency by content type:

Latest Restructuring & Insolvency News

Featured Restructuring & Insolvency content

Practice notes
The Insolvency (England and Wales) Rules 2016, SI 2016/1024 (IR 2016) provide for a revised scheme for decision making in insolvency from 6 April...
Read More >
Produced in partnership with Richard Bowles 12th Jan
Practice notes
STOP PRESS: This Practice Note is being updated for the Corporate Insolvency and Governance Act 2020 (CIGA 2020), which introduces a new insolvency...
Read More >
Produced in partnership with Stephen Allinson 12th Jan
Practice notes
IntroductionThis Practice Note will give a basic overview of the applicable tests for cashflow and balance sheet insolvency under section 123 of the...
Read More >
Produced in partnership with South Square 12th Jan
Practice notes
One of the initial signs of distress is usually a covenant breach by the company. The lenders may agree to a simple waiver, which cures a temporary...
Read More >
9th Nov
Practice notes
Coronavirus (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic. For further details, take a look at our Coronavirus (COVID-19)...
Read More >
9th Nov
Practice notes
This Practice Note looks at:•the key features of loan to value (LTV) covenants•possible issues with calling an event of default based on a LTV...
Read More >
Produced in partnership with Alexander Pelopidas, James Walton and Matthew Brew of Rosling King LLP 12th Jan
Practice notes
Creditors are often keen to establish proprietary claims as they create rights in rem (which attach to the property itself) rather than personal...
Read More >
9th Nov
Practice notes
This Practice Note covers receivers who are appointed by the court, including the circumstances in which a court will appoint a receiver and who may...
Read More >
Produced in partnership with John Hughes of Shakespeare Martineau LLP 12th Jan
Practice notes
It is possible for a claim to be brought under section 423 of the Insolvency Act 1986 (IA 1986) against a company or individual following a...
Read More >
9th Nov
Practice notes
A demand for payment is a formal demand made in accordance with the contractual requirements underpinning the liability which the party issuing the...
Read More >
Produced in partnership with James Hannant of Guildhall Chambers 12th Jan
Practice notes
The purpose of section 216 of the Insolvency Act 1986Section 216 of the Insolvency Act 1986 (IA 1986) is aimed at preventing phoenix companies from...
Read More >
9th Nov
Practice notes
DIP financing generallyDebtor-in-possession financing (DIP financing) is new, post-petition financing provided to a debtor in a bankruptcy case. The...
Read More >
Produced in partnership with Liz Downing of Skadden Arps Slate Meagher & Flom LLP 12th Jan
Practice notes
What is a misfeasance claim under section 212 of the Insolvency Act 1986?Claims commenced under section 212 of the Insolvency Act 1986 (IA 1986) are...
Read More >
9th Nov
Practice notes
Coronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act 2020 and related changes to court procedures and...
Read More >
9th Nov
Practice notes
Coronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act 2020 and related changes to court procedures and...
Read More >
Produced in partnership with South Square and BDO LLP 12th Jan
Practice notes
Coronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act 2020 and related changes to court procedures and...
Read More >
9th Nov

Most recent Pre-packs content

Practice notes
A pre-pack administration sale is a sale of a company’s business or assets, or both, which has been arranged in advance of a company entering...
Read More >
15th Apr
Practice notes
Stop pressOn 8 October 2020, the Insolvency Service published the outcome of its review conducted into the impact of the voluntary industry measures...
Read More >
14th Apr
Practice notes
Stop pressOn 8 October 2020, the Insolvency Service published the outcome of its review conducted into the impact of the voluntary industry measures...
Read More >
14th Apr
Practice notes
Insolvency and restructuring professionals have grown up in an environment where they have generally confined communication (both internal and...
Read More >
Produced in partnership with Nick Hood of Opus Restructuring LLP 9th Apr
Practice notes
What is a rescue buyout?A company or a business in a rescue situation is one that is in potential financial difficulties, either because it finds...
Read More >
8th Apr
Practice notes
Stop pressOn 8 October 2020, the Insolvency Service published the outcome of its review conducted into the impact of the voluntary industry measures...
Read More >
8th Apr
Q&As
STOP PRESS: From 6 April 2017, the Insolvency Rules 1986, SI 1986/1925 were revoked and replaced by the Insolvency (England and Wales) Rules 2016 (IR...
Read More >
7th Apr
Practice notes
Directors of companies which become, or are likely to become, insolvent face additional considerations and are under a duty to minimise losses to the...
Read More >
6th Apr
Practice notes
The purpose of section 216 of the Insolvency Act 1986Section 216 of the Insolvency Act 1986 (IA 1986) is aimed at preventing phoenix companies from...
Read More >
6th Apr
Practice notes
The purpose of this Practice Note is to:•describe section 216 of the Insolvency Act 1986 (IA 1986)•discuss the exceptions to that section•discuss how...
Read More >
6th Apr
Practice notes
Buying the business and/or assets of a company from an insolvency practitioner (insolvent sale) is quite different from buying the business and/or...
Read More >
6th Apr
Precedents
APPLICATION NOTICEForm IAARule 1.35 of the Insolvency (England and Wales) Rules 2016Court Reference No. [insert number][IN THE HIGH COURT OF...
Read More >
6th Apr
Practice notes
LiquidationThe order of distribution in liquidation, following the realisation of security by fixed charge secured creditors for their benefit, is as...
Read More >
Produced in partnership with South Square Chambers 23rd Mar
Precedents
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...
Read More >
8th Mar
Precedents
Date [insert date of surrender]Parties1[insert name of Landlord] [of [insert address] OR incorporated in England and Wales with company registration...
Read More >
24th Feb
Precedents
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...
Read More >
17th Feb
Precedents
Dated the [insert day and month] 20[insert year]Parties1[name of Lender] a company incorporated in [England and Wales] under number [insert company...
Read More >
17th Feb
Precedents
To be typed on [Name of company in administration] (in administration) Headed paper To:[Insert name(s) and address and company number (if relevant) of...
Read More >
14th Feb
Q&As
As to whether the administration sale is a substantial property transaction (SPT), see Practice Note: Substantial property transactions—requirement to...
Read More >
29th Nov

Popular documents