In the dynamic field of restructuring, lawyers are tasked with guiding businesses through transformative processes to ensure financial stability and operational efficiency. This area demands a strategic approach to navigate corporate challenges, offering solutions that align with legal frameworks and business objectives.
The House of Commons Public Bill Committee has invited written evidence on the Building Safety (Remediation of Unsafe Cladding etc) Bill, which seeks...
Dispute Resolution analysis: this revised question and answer document considers the structural changes affecting the Chancery Division and the other...
This week's edition of Restructuring & Insolvency weekly highlights includes: key restructuring and insolvency announcements and developments in the...
Restructuring & Insolvency analysis: In Doubtfire v Horrell, the High Court refused to set aside a statutory demand based on a personal guarantee....
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
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
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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