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 New Flowchart—Wrongful trading claims under sections 214 and 246ZB of the Insolvency Act 1986—flowchart
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on New Flowchart: Misfeasance claims under section 212 of the Insolvency Act 1986—flowchart
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...
Schemes of arrangement—convening hearing and sanction hearingConvening hearingPursuant to section 896 of the Companies Act 2006 (CA 2006), the court may order a meeting of the creditors or class of creditors, or of the members or class of members, to be summoned in such manner as the court directs.
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
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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