Restructuring & Insolvency Law

In Restructuring & Insolvency, your reputation, relationships and referrals are everything. You need to be the expert. You need to know the latest tips and tricks. You need to know what’s happening in the market right now. LexisPSL Restructuring & Insolvency is designed to give you that edge.

It’s the only online resource that brings everything you need together, in one place: guidance, research, smart forms and time-saving tools. Our clear, concise practice notes give you an expert view in a few pages – the legal position, with a commercial slant. And direct links to all the relevant forms and research you’ll need, from leading sources like Tolley’s Insolvency Law, Mithani on Directors’ Disqualification and Halsbury’s Annotated Guide to Insolvency Legislation and Practice (plus Getting the Deal Through® for help with EU and US cases, and the US Bankruptcy Code).

LexisPSL R&I also comes with checklists – quick references to keep you on track. Calculators (like our unique Matrimonial Calculator for personal insolvency cases) that can save you hours, if not days of research and calculations. News updates, to keep you in the loop. And smart forms that take a fraction of the time to fill in.

So you can give your clients the clear, authoritative and practical answers they expect. With less time on research and drafting, and more time to focus on building your business.
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Latest Restructuring & Insolvency News

Featured Restructuring & Insolvency content

Practice notes
IntroductionSet-off refers to claims that may be set-off against other claims. A set-off is the right of one party, Party A, who is owed money by...
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Produced in partnership with South Square and BDO LLP 12th Jan
Practice notes
The purpose of section 216 of the Insolvency Act 1986Section 216 of the Insolvency Act 1986 (IA 1986) is aimed at preventing phoenix companies from...
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9th Nov
Precedents
Court Reference No: [INSERT COURT REF. NUMBER][IN THE HIGH COURT OF JUSTICEBUSINESS AND PROPERTY COURTS [OF ENGLAND AND WALES OR IN [INSERT...
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9th Nov
Practice notes
This Practice Note covers receivers who are appointed by the court, including the circumstances in which a court will appoint a receiver and who may...
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Produced in partnership with John Hughes of Shakespeare Martineau LLP 12th Jan
Practice notes
This Practice Note looks at equitable accounting, what it is, how and when it applies. It does not look at how the trustee in bankruptcy (trustee)...
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9th Nov
Practice notes
The Court of Appeal has made it clear in JCAM that a moratorium cannot be obtained through the back door by filing a notice of intention to appoint an...
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Produced in partnership with Lexa Hilliard QC of Wilberforce Chambers 12th Jan
Practice notes
Creditors are often keen to establish proprietary claims as they create rights in rem (which attach to the property itself) rather than personal...
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9th Nov
Practice notes
Coronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act 2020 and related changes to court procedures and...
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9th Nov
Practice notes
Coronavirus (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic. For further details, take a look at our Coronavirus (COVID-19)...
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9th Nov
Practice notes
IntroductionThis Practice Note will give a basic overview of the applicable tests for cashflow and balance sheet insolvency under section 123 of the...
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Produced in partnership with South Square 12th Jan
Practice notes
The Insolvency (England and Wales) Rules 2016, SI 2016/1024 (IR 2016) provide for a revised scheme for decision making in insolvency from 6 April...
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Produced in partnership with Richard Bowles 12th Jan
Practice notes
Ipso facto clauses definedContracts often contain provisions to the effect that the contracts will terminate upon the bankruptcy or insolvency of one...
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Produced in partnership with Liz Downing of Skadden Arps Slate Meagher & Flom LLP 12th Jan
Practice notes
A popular restructuring method is a debt for equity swap; financial creditors receive equity in the restructured vehicle in return for reducing or...
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9th Nov
Practice notes
Senior creditors will ensure that in addition to having higher security rights over junior creditors, juniors are also subordinated to them.Generally...
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9th Nov
Practice notes
Statutory declaration of solvencyA company enters voluntary liquidation when the members of the company vote to do so by a special resolution. For...
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Produced in partnership with Robert Smailes of Leonard Curtis Business Solutions Group & Simon Hunter of Three Stone 12th Jan
Practice notes
When restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of restructuring over formal proceedings) the...
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9th Nov

Most recent Restructuring & Insolvency content

Practice notes
IntroductionThis Practice Note sets out the requirements for witness statements for use at trials in the Business and Property Courts that are signed...
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6th May
Practice notes
This Practice Note considers the Consumer Rights Act 2015 (CRA 2015) as it relates to goods, and sets out the consumer’s statutory rights under the...
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6th May
Practice notes
The moratorium under IA 1986, Part A1The Corporate Insolvency and Governance Act 2020 (CIGA 2020) received Royal Assent on 25 June 2020. It made a...
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6th May
Practice notes
On 23 June 2016, the UK held a referendum on its membership of the EU, with a majority voting in favour of the UK leaving the EU. On 29 March 2017,...
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6th May
Practice notes
This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your...
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5th May
Practice notes
This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your...
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5th May
Practice notes
QuestionsWhat is the primary legislation which governs corporate insolvency? And, are there any other laws in force dealing with corporate...
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Produced in partnership with Nishant Choudhary of DFDL 5th May
Practice notes
The coronavirus (COVID-19) pandemic has profound implications across the global economy and poses an existential threat to many businesses. This...
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5th May
Practice notes
The restructuring plan under CA 2006, Part 26AThe Corporate Insolvency and Governance Act 2020 (CIGA 2020) received royal Assent on 25 June 2020. It...
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5th May
Practice notes
Stop pressOn 8 October 2020, the Insolvency Service published the outcome of its review conducted into the impact of the voluntary industry measures...
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5th May
Precedents
[To be printed on the headed paper of the lender][insert date]To:[insert name and address of borrower][and][[insert name and address of guarantor, if...
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5th May
Q&As
This Q&A considers the restrictions on ipso facto clauses under section 233B of the Insolvency Act 1986 (IA 1986) and the impact on a supplier’s...
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Produced in partnership with Deanne Hamilton of Harrison Clark Rickerbys Limited 5th May
Q&As
This Q&A refers to a retention of title (ROT) clause in a business-to-business contract for the supply of goods.At its simplest, an ROT clause allows...
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5th May
Q&As
For the purposes of this Q&A, it is assumed that the relevant contract is a business-to-business contract for the supply of goods and/or services...
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Produced in partnership with Oberon Kwok of Selborne Chambers and Chris Bryden of 4 King’s Bench Walk 5th May
Practice notes
The role, powers and duties of an appointed administrator are set out in the Insolvency Act 1986 (IA 1986) and Insolvency (England and Wales) Rules...
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5th May
Practice notes
Coronavirus (COVID-19) and the Corporate Insolvency and Governance Act 2020This content is affected by the coronavirus (COVID-19) pandemic and the...
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Produced in partnership with Natasha Dzameh of St John’s Chambers 5th May
Practice notes
Spurred on by the coronavirus (COVID-19) pandemic, the government pushed through the Corporate Insolvency and Governance Act 2020 (CIGA 2020). The...
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5th May
Practice notes
BackgroundThe regime for administration of general partnerships is very similar to the administration of insolvent companies (for companies, see...
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Produced in partnership with Natasha Dzameh of St John’s Chambers 5th May

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