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Pensions in Restructuring Survey Report

United Kingdom - January 14 2021 We carried out our fourth annual survey against a background of the collapse of several household names. The past year, leading up to our fifth annual…

Mark Smith

English High Court provides clarity for assignees of insolvency claims

United Kingdom - January 7 2021 In Cage Consultants Limited v Iqbal & Iqbal [2020] EWHC 2917 (Ch), the liquidators of Totalbrand Limited (the company) assigned certain claims -…

Lenders - remember to obtain all necessary consents before taking enforcement action

United Kingdom - January 7 2021 In Arlington Infrastructure Ltd (In administration) and another v Woolrych and others [2020] EWHC 3123 (Ch), the Court considered the meaning of a…

UK pre-pack reforms - mandatory controls on administration sales to connected persons

United Kingdom - December 10 2020 The UK government has published new draft regulations to require mandatory scrutiny of administration sales to connected parties (such as the…

Reintroduction of UK tax authority preferential claim - how could it affect you?

United Kingdom - December 10 2020 In a widely criticised move, the UK tax authority, HMRC, has become a second ranking preferential creditor regarding certain taxes in insolvency…