The intersection of insurance and insolvency presents unique challenges for legal professionals. Understanding the implications of insolvency on insurance policies and claims is crucial for safeguarding assets and ensuring compliance. This topic provides insights into managing risks and navigating the legal intricacies involved.
The Insolvency Service has announced that the former director of Greensill Capital (UK) Limited, Greensill Limited and Greensill Capital Pty Limited,...
This week's edition of Restructuring & Insolvency weekly highlights includes: the Insolvency (England and Wales) (Amendment) Rules 2026 were laid and...
The LexisNexis Restructuring & Insolvency practical guidance team has published a new Practice Note: ‘Consumer credit law for insolvency...
The Insolvency Service announced that Leanne Richardson, director of ESL Consultancy Services Ltd, has been disqualified for six years for supervising...
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
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
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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