Stay ahead in the dynamic field of Restructuring & Insolvency by keeping abreast of the latest key law developments. Our up-to-date guidance ensures that you are well-informed on recent legislative changes, significant case law, and emerging industry trends, empowering you to navigate complex challenges and deliver effective solutions for your clients.
The Financial Conduct Authority (FCA) has announced the establishment of an insolvency practitioner panel to support the effective management of...
The Insolvency Service has partnered with Crimestoppers to encourage reports of disqualified directors who continue to operate illegally, enabling...
This week's edition of Restructuring & Insolvency weekly highlights includes: an examination of an application by bankrupts’ daughters to set aside or...
The LexisNexis Restructuring & Insolvency practical guidance team has published a new Practice Note—‘Challenging a liquidator under section 168(5) of...
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
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
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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