Comparison of processes

View Restructuring & Insolvency by content type:

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 23rd Oct
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 >
22nd Oct
Practice notes
A popular restructuring method is a debt for equity swap; financial creditors receive equity in the restructured vehicle in return for reducing or...
Read More >
15th Oct
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 15th Oct
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 >
15th Oct
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 Oct
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 >
5th Oct
Practice notes
The Court of Appeal has made it clear in JCAM that a moratorium cannot be obtained through the back door by filing a notice of intention to appoint an...
Read More >
27th Sep
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 >
26th Sep
Practice notes
DisclaimerUnder sections 178 and 315 of the Insolvency Act 1986 (IA 1986), a liquidator or a trustee in bankruptcy (trustee) has the power to disclaim...
Read More >
26th Sep
Practice notes
Ipso facto clauses definedContracts often contain provisions to the effect that the contracts will terminate upon the bankruptcy or insolvency of one...
Read More >
25th Sep
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 >
25th Sep
Practice notes
This Practice Note looks at equitable accounting, what it is, how and when it applies. It does not look at how the trustee in bankruptcy (trustee)...
Read More >
25th Sep
Practice notes
Senior creditors will ensure that in addition to having higher security rights over junior creditors, juniors are also subordinated to them.Generally...
Read More >
25th Sep
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 >
25th Sep
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 >
25th Sep

Most recent Comparison of processes content

Practice notes
In September 2017, the Grand Court of the Cayman Islands (Parker J) sanctioned four separate interlinked Cayman Islands schemes of arrangement to...
Read More >
25th Sep
Practice notes
Priorities of creditorsOn an insolvency, most countries have rules governing the order in which creditors can be paid out of the debtor's estate,...
Read More >
25th Sep
Practice notes
AppointmentA receiver is one who is appointed to a corporation with power to receive income and other property and to pay necessary outgoings, but...
Read More >
25th Sep
Practice notes
Brexit impactAs of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...
Read More >
25th Sep
Practice notes
What are reviewable transactions? Payments, transfers of assets, and security transactions can be vulnerable to attack in the event of the company’s...
Read More >
25th Sep
Practice notes
Various ways a creditor can take securityAs in other jurisdictions that follow English common law, there are various ways by which a creditor can take...
Read More >
25th Sep
Practice notes
Peter Kelso, solicitorCoronavirus (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic. For further details, take a look at our...
Read More >
25th Sep
Practice notes
Peter Kelso, solicitorCORONAVIRUS (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic. For further details, take a look at our...
Read More >
25th Sep
Practice notes
Set off principlesOn an insolvency, most European countries have rules governing set off. A debtor company may be keen to exercise set off as it will...
Read More >
25th Sep
Practice notes
Peter Kelso, solicitorCoronavirus (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic. For further details, take a look at our...
Read More >
25th Sep
Practice notes
IntroductionBermuda has no statutory equivalent of Chapter 15 of the US’s Bankruptcy Code, section 426 of the UK’s Insolvency Act 1986 (IA 1986), or...
Read More >
25th Sep
Practice notes
Peter Kelso, solicitorCoronavirus (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic. For further details, take a look at our...
Read More >
25th Sep
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 >
25th Sep
Practice notes
Peter Kelso, solicitorCoronavirus (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic. For further details, take a look at our...
Read More >
25th Sep
Practice notes
STOP PRESS:The Corporate Insolvency and Governance Act 2020 (CIGA 2020) has been introduced, receiving Royal Assent on 25 June 2020. CIGA 2020 makes...
Read More >
25th Sep
Practice notes
Peter Kelso, solicitorCurrently updated by the LexisNexis TeamCoronavirus (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic....
Read More >
25th Sep
Practice notes
Sources of Bermuda law generallyBermuda is a self-governing British Overseas Territory.The systems of law administered in Bermuda are:•local Bermudian...
Read More >
25th Sep
Practice notes
Determining whether a foreign proceeding is a 'foreign main proceeding' or a 'foreign non-main proceeding'If the court is satisfied that a proceeding...
Read More >
25th Sep
Practice notes
OverviewAn international insolvency proceeding involves a financially-troubled debtor with operations and creditors in more than one country....
Read More >
25th Sep
Practice notes
Winding-up rules in BermudaThe rules and precedent forms relating to compulsory winding up of companies are principally contained in:•the Companies...
Read More >
25th Sep

Popular documents