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Extension of Restrictions on Statutory Demands, Winding Up and Suspension of Liability for Wrongful Trading to 30 June 2021

United Kingdom - March 25 2021 On Wednesday 24 March, the government confirmed that it will be extending the current temporary restrictions on statutory demands and winding-up…

Andrew Wilkinson, Clare Cottle, Gemma Sage, Matt Benson, Natasha Ayres, Neil Devaney.

Connected party pre-packs: the new rules

European Union, United Kingdom - March 9 2021 On 24 February, the Government published draft regulations that, if implemented, will impose new restrictions on pre-pack administration sales to…

Aziz Abdul, Linton Bloomberg, Natasha Ayres.

DeepOcean: The UK’s First Cross Class Cram Down Restructuring Plan

European Union, United Kingdom, USA - March 3 2021 On 28 January, the English High Court handed down the first ever judgment sanctioning a restructuring plan under Part 26A of the Companies Act 2006…

Andrew Wilkinson, Clare Cottle, Gemma Sage, Matt Benson, Natasha Ayres, Neil Devaney.

Paragon Offshore: Judgment on Challenge to 2017 Restructuring and the Limits of the Rule 12.59 Review Jurisdiction

United Kingdom - November 6 2020 The Insolvency and Companies Court in London handed down judgment on Monday, 19 October 2020 rejecting a shareholder challenge to the 2017…

Maeve Brady.

Extension on the Temporary Restrictions on Statutory Demands and Winding Up and Other Measures Under the Corporate Insolvency and Governance Act 2020

United Kingdom - September 24 2020 Today the Department for Business, Energy and Industrial Strategy announced that certain temporary measures put in place under the Corporate…

Andrew Wilkinson, Clare Cottle, Gemma Sage, Matt Benson, Neil Devaney.