About Restructuring & Insolvency Law
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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.
Stay up to date
Helping restructuring and insolvency professionals stay up-to-date with legal and market developments, and work faster and smarter.
Topics We Cover
Our Restructuring & Insolvency Experts
Marcia Shekerdemian
David Kerr
Lesley Anderson
Peter Declercq
Joseph Curl
Latest Restructuring & Insolvency News
The Insolvency Service has announced that the Secretary of State for Business and Trade has accepted seven-year disqualification undertakings from...
The Insolvency Service has reported that Craig Smith, director of C.A.S. Property Maintenance (Midlands) Limited, has bee sentenced to two years and...
HM Treasury (HMT) has confirmed that anti‑money laundering (AML) and counter‑terrorism financing (CTF) supervisory responsibilities will be...
The Insolvency Service has reported that a builder, Wayne Miller, who persuaded a customer to pay him more than £30,000 for home improvements he...
The Insolvency Service has published its monthly insolvency statistics for September 2025 on company and individual insolvencies in England and Wales....
Latest Restructuring & Insolvency Practice Notes
Comparison table of corporate insolvency processes for dispute resolution practitionersThis Practice Note refers to the Insolvency Act 1986 as IA...
Part 26 scheme deal debrief—Standard Profil Automotive GMBHStandard Profil Automotive GMBH applied for a Part 26 scheme of arrangement (Scheme) at a...
Cross-border recognition of schemesBasic principlesDue to the flexibility of schemes of arrangement (schemes), (see Practice Note: Benefits of schemes...
Current issues and legal reforms for restructuring and insolvency professionalsThis Practice Note discusses current issues and legal reforms (with...
Schemes of arrangement—process and statutory frameworkSchemes of arrangement—definition and basis in statuteA scheme of arrangement is a...
Latest Restructuring & Insolvency Precedents
Application to court to restore a company to the register—contents of part 8 claim formNo. [insert] of [insert]In the high court of justiceBUSINESS...
Witness statement of claimant—restoration of companyFiled on behalf of the ClaimantWitness statement of [insert name] of [insert name of...
Confirmation of guarantee on variation of underlying facility agreement (bilateral)[To be printed on the headed paper of the Guarantor][insert...
Confidentiality agreement — restructuring & insolvencyThis Agreement is made [insert day and month] 20[insert year]Parties1[insert name of debtor...
Demand letter—borrower[To be printed on headed notepaper of the lender making demand]To: [Insert name of individual and/or position][insert name of...
Latest Restructuring & Insolvency Q&As
Featured Restructuring & Insolvency content
Role, powers, functions and duties of a liquidator
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 notes
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 searches
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 debt
Basic introduction to super senior, senior, mezzanine and junior debtThe range of funding options open to companies has exploded, resulting in a vast...
Key elements of a standstill agreement
Key elements of a standstill agreementWhen restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of...
How to serve a demand for payment
How to serve a demand for paymentA demand for payment is a formal demand made in accordance with the contractual requirements underpinning the...
Receivership—an introductory guide
Receivership—an introductory guideThe appointment of a receiver is a remedy for creditors and certain third parties to protect their interest in...
Debt for equity swaps
Debt for equity swapsA popular restructuring method is a debt for equity swap; financial creditors receive equity in the restructured vehicle in...
Challenging an individual voluntary arrangement (IVA)
Challenging an individual voluntary arrangement (IVA)Coronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act...
Cashflow and balance sheet tests for insolvency
Cashflow and balance sheet tests for insolvencyIntroductionThis Practice Note will give a basic overview of the applicable tests for cashflow and...
What is a statutory declaration of solvency and what happens if a false declaration of solvency is made?
What is a statutory declaration of solvency, and what happens if a false declaration of solvency is madeCoronavirus (COVID-19)This content is affected...
Bankruptcy petitions—process and procedure post-presentation of the petition
Bankruptcy petitions—process and procedureBefore the hearing of the creditors’ bankruptcy petition takes place, there are a number of steps that must...
Role, powers, functions and duties of an administrator
Role, powers, functions and duties of an administratorThe role, powers and duties of an appointed administrator are set out in the Insolvency Act 1986...
Effect on proceedings against a company being wound up and after a winding-up order is made
Effect on proceedings against a company being wound up and after a winding-up order is madeThis Practice Note sets out guidance as to what happens...
Insolvency searches for companies at the Central Registry
Insolvency searches for companies at the Central RegistryWhat is the Central Registry of Winding-up Petitions?The Central Registry of Winding-up...
Transactions defrauding creditors—claims under section 423 of the Insolvency Act 1986
Transactions defrauding creditors—claims under section 423 of the Insolvency Act 1986It is possible for a claim to be brought under section 423 of the...
Role, powers, functions and duties of a trustee in bankruptcy
Role, powers, functions and duties of a trustee in bankruptcyThis Practice Note looks at the roles, powers, functions and duties of the trustee in...
Administration expenses
Administration expensesThis Practice Note provides an overview of what amounts to an administration expense and discusses key case law.Expenses of an...
Associated legal terms
Advanced electronic signatures
The principles applicable to basic electronic signatures apply. Advanced electronic signatures are not expressly given particular status in respect of admissibility or legal effect. The crucial feature of advanced electronic signatures is that they require a link between the signature and the signatory, with a view to providing a degree of identity authentication. In practice, the evidential value of an advanced electronic signature is likely to be higher than a basic electronic signature due to the thorough processes used to create it. Most advanced electronic signatures rely on PKI to fulfil its requirements. A signature record can show any evidence of tampering.
Ipso facto
Clauses providing for termination on the occurrence of certain events eg insolvency or negotiations with creditors.
Use
means distribute, disclose, store, use, analyse, copy, reproduce, extract, modify, or adapt in whole or in part.
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