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About 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. Lexis+ Restructuring & Insolvency is designed to give you that edge.

Brexit

Brexit is a significant subject for R&I lawyers due to the reciprocal nature of our relationship with Europe. Our Brexit content offers key information and updates for all practitioners, as well as legislation trackers.

Corporate Insolvency and Governance Act 2020

Includes new legislation due to coronavirus. Temporary provisions centre around winding-up petitions, wrongful trading and ipso facto clauses. Permanent changes include the creation of two corporate insolvency processes.

International content

Get country guides for 45 jurisdictions – the majority are from our Getting the Deal Through series. Where there are jurisdictional gaps, we have commissioned content, and have created several comparison tables.

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Associated legal terms

(Basic) electronic signatures

See Article 25(1) of Retained Regulation (EU) 910/2014, the UK eIDAS Regulation The UK eIDAS Regulation does not expressly state what the legal effect of a basic electronic signature will be, other than providing that it cannot be denied legal effectiveness and admissibility in evidence solely because it is in electronic form or does not meet the requirements of qualified electronic signatures. However, UK courts will apply their existing approach to basic electronic signatures. This is the same as the EU eIDAS Regulation save that Article 25(3) of the EU eIDAS Regulation is not retained in the UK eIDAS Regulation because the UK is a third country and there is no recognition of qualified electronic signatures in the EU where they are certified by a UK qualified trust service provider. Basic/simple/standard electronic signatures are commonly used in transactions.

Accountant in Bankruptcy (AiB)

This is an Agency of the Scottish Government, which supervises the process of personal bankruptcy (sequestration) in Scotland and can act as trustee in sequestrations where no insolvency practitioner is nominated to act. It also records corporate insolvencies (receivership and liquidations only) in Scotland, but does not act as an Official Receiver.

Individual voluntary arrangement (IVA)

A contractual agreement entered into between an individual Debtor and their Creditors (and possibly with parties'>third parties) for a composition of that person’s debts or a scheme of arrangement (scheme) of their affairs.
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