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 following Restructuring & Insolvency news provides comprehensive and up to date legal information on Application of the 'Lundy Granite' principle to termination/close out scenarios (Conway v Plass)
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on Injunctive relief necessary to protect integrity of English jurisdiction (Altrad Investment Authority SAS and others v Protopapas and others)
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on Restructuring & Insolvency weekly highlights—23 October 2025
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...
Effect of equitable, contractual and structural subordinationSenior creditors will ensure that in addition to having better security rights over junior creditors, juniors are also subordinated to them, ie the priority of claims against the debtor is changed so that junior creditors creditor agree
Cashflow and balance sheet tests for insolvencyIntroductionThis Practice Note will give a basic overview of the applicable tests for cashflow and balance sheet insolvency under section 123 of the Insolvency Act 1986 (IA 1986), in particular in the light of the leading judgment on the subject given
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
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