Gain an in-depth understanding of the intersection between pension schemes and insolvency scenarios. This guide offers practical insights on navigating the intricate landscape of pension protection, employer responsibilities, and the Pension Protection Fund's role during insolvency proceedings. Essential for practitioners handling restructuring where pension obligations are a significant concern.
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...
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
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
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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