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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.
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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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Marcia Shekerdemian
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Lesley Anderson
Peter Declercq
Joseph Curl
Latest Restructuring & Insolvency News
Restructuring & Insolvency analysis: In The Mayor and Commonalty and Citizens of the City of London v Robinson Webster (Holdings) Ltd, the High Court,...
The Civil Procedure (Amendment) Rules 2026, SI 2026/97 amend the Civil Procedure Rules 1998. Most provisions commence on 6 April 2026, with two...
This week's edition of Restructuring & Insolvency weekly highlights includes: an examination of an application to invalidate an administration...
The Insolvency Service has reported that three connected companies providing company secretarial and registration services have been wound up in the...
Restructuring & Insolvency analysis: The High Court sanctioned the restructuring plan of Fossil (UK) Global Services Ltd under Part 26A of the...
Latest Restructuring & Insolvency Practice Notes
The role of the Pensions RegulatorThis Practice Note provides an overview of the role of the Pensions Regulator (TPR). For information on the role of...
Guide to insolvency in the UK oil and gas industryIntroduction to common participants in the marketThe oil and gas industry is a significant...
Part 26A restructuring plan deal debrief—ED&F Man Holdings LtdED&F Man Holdings Ltd applied for a Part 26A restructuring plan (RP) at a convening...
Administration procedures for UK banks, building societies and investment banksThis Practice Note provides high-level guidance on the administration...
Creditors' decision-making in an IVAGeneralIt is the creditors who decide whether, and if so, to what extent an individual voluntary arrangement (IVA)...
Latest Restructuring & Insolvency Precedents
Witness statement in support of a fraudulent trading claim under sections 213 and 246ZA of the Insolvency Act 1986While both liquidators and...
Draft order for a fraudulent trading claim under sections 213 and 246ZA of the Insolvency Act 1986CASE NO: [insert case number][IN THE HIGH COURT OF...
Application notice for a fraudulent trading claim under sections 213 and 246ZA of the Insolvency Act 1986Note: This Precedent should be used in...
Witness statement in support of an application for the avoidance of a floating charge under section 245 of the Insolvency Act 1986Applicant(s):...
Witness statement in support of an application by an office-holder to fix the basis of their remunerationApplicant(s): [insert initials and surname]:...
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
Act of division and sale
An action which seeks the authority of the court for jointly owned property to be sold and the proceeds of sale divided between the co-owners, according to their interest
Edinburgh Gazette
An official newsletter published for the government by Her Majesty’s Stationery Office (HMSO) in which various official announcements are recorded. Details of all bankruptcies and protected trust deeds must be published in the AiB’s Register of Insolvencies
Prescribed part
A sum of money from the floating charge pool set aside for unsecured creditors in a liquidation, administration or administrative receivership, found under Insolvency Act 1986, s 176A.
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