Restructuring and insolvency professionals may find themselves working with businesses that have obligations under the CRC Energy Efficiency Scheme (CRC Scheme). This...
This Practice Note outlines the tax issues that are relevant where creditors seek to enforce their security over the assets of a company, or corporate group, in distress....
The economic climate can lead to instances of distressed debt portfolios changing hands. In such a climate, typically banks seek to reduce their balance sheet exposure to...
This Practice Note outlines the tax issues that should be considered when a company seeks to restructure its external debt obligations. Other Practice Notes in this...
Environmental permits and insolvency Some business operations which have an impact on the environment are likely to require an environmental permit from the Environment...
Environmental liabilities can: • contribute to company insolvency and/or • affect the liabilities of directors, lenders and Insolvency Practitioners (IPs) involved with...
When pension contributions are recoverable This practice note addresses two questions: • whether a bankrupt’s pension arrangement falls within the bankruptcy estate and •...
FAQs for Insolvency Practitioners These FAQs were drafted by Allison Broad at the Institute of Chartered Accountants in England and Wales (ICAEW) with contributions from...
Click here to download the latest Pensions & Retirement Plans 2019 report 2019, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions...
The position of an employee on a company's insolvency The general rule is that a contract of employment is between the employer and the employee. This...
The position of a personal pension on bankruptcy A bankrupt’s estate automatically vests in the official receiver (or an insolvency practitioner if instead appointed at...
The implications of Lehmans/Nortel cases The Supreme Court decision in the case of Nortel/Lehman has clarified the status of Financial Support Directions (FSDs) issued...
This note considers the implications of the Bonas case for those concerned with pre-pack administrations. The case was brought by the Pensions Regulator under section 38...
The starting point: what intellectual property rights does the company own? For further detail on the main types of intellectual property rights which an insolvency...
A foundational principle of the loan relationships regime is that the profits and losses to be brought into account for corporation tax purposes on a company’s loan...
FORTHCOMING CHANGES relating to insolvency and tax: Finance Bill 2019–20 introduces provisions where: • with effect for business insolvencies that commence on or after 6...
