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Featured Restructuring & Insolvency content

Practice notes
Insolvency searches for companies at the Central RegistryWhat is the Central Registry of Winding-up Petitions?The Central Registry of Winding-up...
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Produced in partnership with Stephen Allinson 19th May
Practice notes
RecapitalisationsThe term 'recapitalisation' refers to a company changing the proportions of its debt and equity, something which can be achieved in a...
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Produced in partnership with Alice Morgan of Sidley Austin LLP 19th May
Practice notes
Key elements of a standstill agreementWhen restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of...
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19th May
Practice notes
Role, powers, functions and duties of a trustee in bankruptcyThis Practice Note looks at the roles, powers, functions and duties of the trustee in...
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19th May
Practice notes
Marshalling debtWhat is marshalling?Marshalling is where two or more creditors are owed money by the same debtor, and one creditor has more than one...
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Produced in partnership with Karen Jacobs of Dentons 19th May
Practice notes
Cashflow and balance sheet tests for insolvencyIntroductionThis Practice Note will give a basic overview of the applicable tests for cashflow and...
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Produced in partnership with South Square Chambers 19th May
Practice notes
Interference with goods in an insolvency situationApplication to insolvencyFollowing an appointment, an office-holder will need to establish what...
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19th May
Practice notes
Role, powers, functions and duties of a liquidatorCoronavirus (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic. For further...
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19th May
Practice notes
Court-appointed receivers—when a court will appoint a receiver and who may be appointedThis Practice Note covers receivers who are appointed by the...
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Produced in partnership with John Hughes of Shakespeare Martineau LLP 19th May
Practice notes
Practice Direction on Insolvency ProceedingsCoronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act 2020 and...
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19th May
Practice notes
Effect on proceedings against a company being wound up and after a winding-up order is madeCoronavirus (COVID-19)This content contains guidance on...
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Produced in partnership with Eleanor Holland and Karl Anderson of 4 Stone Buildings 19th May
Practice notes
Coronavirus (COVID-19)—Changes to the court process in insolvency proceedingsThe UK Government’s policy of social distancing in order to slow the...
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19th May
Q&As
Can a claim be made against a company for trading whilst insolvent? If the company is conducting litigation, does this constitute ‘trading’? If so,...
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19th May
Practice notes
Compulsory winding up of a company—the process and procedureSTOP PRESS: The Corporate Insolvency and Governance Act 2020 contains provisions which, on...
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Produced in partnership with Eleanor Holland and Karl Anderson of 4 Stone Buildings 19th May
Practice notes
Insolvency set-off—the position under the Insolvency (England and Wales) Rules 2016IntroductionSet-off refers to claims that may be set-off against...
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Produced in partnership with South Square Chambers and BDO 19th May

Most recent Current issues and legal reforms content

Precedents
COVID-19 Standard Conditions for Company Voluntary ArrangementsPart 1: Interpretation1Miscellaneous definitions1.1In the Arrangement, except where the...
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23rd Jul
Precedents
R3 Standard Form COVID-19 CVA ProposalIN THE MATTER OF [INSERT COMPANY NAME] (‘THE COMPANY’)IN THE MATTER OF THE INSOLVENCY ACT...
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23rd Jul
Practice notes
Reform of UK insolvency lawsBackgroundThe coronavirus (COVID-19) crisis has had a significant impact on businesses around the world, putting many at...
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21st Jul
Practice notes
LIBOR transitionThis Practice Note provides:•information on the background to the transition away from London Interbank Offered Rate (LIBOR) and other...
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16th Jul
Practice notes
UNCITRAL text on obligations of directors of enterprise group companies in the period approaching insolvencyCORONAVIRUS (COVID-19)This content is...
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14th Jul
Practice notes
UNCITRAL Model law on enterprise group insolvencyUNCITRAL Model Law on enterprise groups: current statusThe UNCITRAL Model Law on enterprise groups...
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14th Jul
Practice notes
The Temporary Insolvency Practice Direction Supporting the Insolvency Practice Direction (June 2021)Background to the Temporary Insolvency Practice...
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13th Jul
Practice notes
Statement of Insolvency Practice 16 (SIP 16)—pre-packaged sales in administrationInsolvency practitioners (IPs) are required to comply with both...
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12th Jul
Practice notes
Corporate Insolvency and Governance Act 2020—restructuring plan provisionsSpurred on by the coronavirus (COVID-19) pandemic, the government pushed...
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12th Jul
Practice notes
Brexit—impact on insolvent insurersStatus of the UKAs of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance...
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9th Jul
Practice notes
Brexit—impact on insolvent credit institutionsStatus of the UKAs of exit day (31 January 2020) the UK is no longer an EU Member State. However, in...
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9th Jul
Practice notes
Practice Direction on Insolvency ProceedingsCoronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act 2020 and...
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9th Jul
Practice notes
The Corporate Insolvency and Governance Act 2020, the increase in the prescribed part and reintroduction of Crown preference—key issues and discussion...
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8th Jul
Practice notes
Corporate Insolvency and Governance Act 2020—restrictions on ipso facto clausesBackground to the Corporate Insolvency and Governance Act 2020 (CIGA...
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8th Jul
Practice notes
Brexit—impact on schemes of arrangementStatus of the UKAs of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance...
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8th Jul
Practice notes
Current issues and legal reforms for restructuring and insolvency professionalsThis Practice Note discusses current issues and legal reforms (with...
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8th Jul
Practice notes
Brexit—impact on restructuring plans Status of the UKAs of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance...
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7th Jul
Practice notes
Brexit SI tracker for R&I practitionersThis tracker is designed to assist R&I practitioners keep up-to-date with forthcoming legislation which will...
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7th Jul
Practice notes
What does IP completion day mean for R&I?During the implementation period/transitional period, the key EU regulations effectively remained in place...
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7th Jul
Practice notes
Table showing impact of Brexit on jurisdiction to commence insolvency/restructuring proceedings and obtain recognition in other EU Member StatesKey...
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7th Jul

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