Navigate the complexities of partnership insolvency with authoritative guidance designed for legal professionals. Unlock critical insights into legal strategies, practical steps, and judicious advice for managing the financial distress and dissolution of professional partnerships. Enhance your expertise and deliver effective solutions to clients navigating this challenging area.
This week's edition of Restructuring & Insolvency weekly highlights includes: an analysis of the two restructuring plans sanctioned by the High Court...
The Insolvency Service has announced that the High Court has wound up Medrecruiter Limited in the public interest following an investigation which...
The Insolvency Service has announced that Classic Parade Ltd has been wound up, following an investigation into the company’s trading practices....
The Competition and Markets Authority (CMA) has published revised guidance on unfair contract terms, covering the unfair contract terms provisions in...
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
If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some point
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
0330 161 1234