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Changing the Insolvency Waterfall - HMRC to Become a Preferential Creditor Again

United Kingdom - November 1 2018 The recent budget flagged the re-introduction of preferential creditor status for the UK tax authority (HMRC) in insolvencies in certain limited...

Mark Lawford, David Irvine, Tayyibah Arif.

Insolvency and Corporate Governance: Government Response - 28 August 2018

United Kingdom - September 7 2018 Over the last two years, BEIS has issued a number of consultations either focussed on, or touching upon, corporate governance issues in insolvency or...

Alexander Wood, Clare Cottle, Nick Fortune.

When not to use a CVA: 10 lessons from recent restructurings

United Kingdom - June 21 2018 2018 has been described as “the year of the CVA”, especially in the retail and casual dining sectors. Although company voluntary arrangements can be a...

Andrew S Wilkinson, Alexander Wood, Andrew Wilkinson, Kate Stephenson, Mark Lawford.

Business Finance and Restructuring - What will 2018 hold?

United Kingdom, European Union, Global - January 4 2018 The Insolvency Service has yet to react to responses to its consultation in mid-2016 on significant reforms designed to improve the restructuring...

Alexander Wood, Andrew Wilkinson, Kate Stephenson, Mark Lawford.

KPMG and Weil launch MF Global UK Limited (in special administration) CVA Proposal

United Kingdom - November 24 2017 Weil have acted for Mike Pink, Richard Heis and Ed Boyle of KPMG as special administrators of MFGUK in connection with a CVA proposal to its remaining...