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.
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.
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.
Helping restructuring and insolvency professionals stay up-to-date with legal and market developments, and work faster and smarter.
This week's edition of Restructuring & Insolvency weekly highlights includes: a report published by R3 on regulatory gaps and barriers to AI adoption...
R3, the association for the UK’s restructuring, turnaround and insolvency profession, has published a report in association with technology firm Alph4...
Companies House has announced that, from 1 December 2026, objections to a limited company being struck off the register must be submitted through its...
The Insolvency Service has updated its enforcement outcomes management information tables for July 2026. The data shows that there were 101 director...
The Insolvency Service has announced that the High Court in London has wound up Cask Spirits Global Limited following an investigation into its sale...
Chandlers Building Supplies Holdings Limited (and 12 other group companies, being members of the Turbo Group) applied for 13 inter-conditional Part...
This Practice Note considers when and why you should attempt to settle disputes and the consequences for not attempting to reach settlement if...
This Practice Note identifies the different forms which an offer to settle a dispute may take, from open offer letters and Calderbank (without...
NFE Global Holdings Limited (NFE Global) and NFE Brazil NewCo Limited (NFE Brazil; together, the Plan Companies, which are part of the New Fortress...
This Practice Note summarises the Insolvency Service’s 2026 Corporate Civil Enforcement Reforms consultation. It explains the proposed reforms to...
This document is important and requires your immediate attentionIf you are in any doubt as to any aspect of this proposal or as to the action you...
Note: this Precedent is a claimant Part 36 offer letter; it does not cover CPR 36 provisions that relate specifically to fixed costs cases. For...
Claim No. [insert claim number].IN THE HIGH COURT OF JUSTICEBUSINESS AND PROPERTY COURTS OF ENGLAND AND WALESJudgeIN THE MATTER OF [insert name] [LTD...
On behalf of ApplicantBy: [insert name]Statement No 1Exhibits [insert details]Date: [insert date]Filed: [insert date]Court Reference No: [INSERT COURT...
Court Reference No: [INSERT COURT REF. NUMBER]Claim No. [insert claim number].IN THE HIGH COURT OF JUSTICEBUSINESS AND PROPERTY COURTS [OF ENGLAND AND...
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 notesThe terms ‘bonds’ and ‘notes’ are used interchangeably (and there is no legal difference between the terms), though notes tend to be...
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 debtThe range of funding options open to companies has exploded, resulting in a vast...
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 paymentA demand for payment is a formal demand made in accordance with the contractual requirements underpinning the...
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 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)Coronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act...
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 madeCoronavirus (COVID-19)This content is affected...
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 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 madeThis Practice Note sets out guidance as to what happens...
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 1986It is possible for a claim to be brought under section 423 of the...
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 expensesThis Practice Note provides an overview of what amounts to an administration expense and discusses key case law.Expenses of an...
The order issued by a sheriff following a petition lodged by a creditor or by the AiB following an application for sequestration by the debtor declaring a person to be bankrupt and sequestrating their estate. The Award vests the debtor’s estate in the trustee
A digital signature is an electronic signature produced using encryption technology. It is therefore a sub-category of electronic signature. Computer code representing the digital signature is inserted into, or attached to, the document being signed and serves as the electronic signature.
A trust deed may be protected as long as a majority in number or a third in value of creditors do not object to its terms. Once protected, the terms of the trust deed becomes binding on all the creditors preventing them from taking further action to recover their debts.