09 Oct, 2024 Most Premiership rugby clubs are balance sheet insolvent – should we care? By Matthew Padian When you read the papers do you start from the front or back? I usually skim read the front-page headlines and immediately flick to the...
02 Oct, 2024 The Cineworld saga: restructuring plan approved By Joanna Charter Cineworld’s woes have been ongoing for some time. A restructuring in 2022-2023 through Chapter 11 in the US bought the group some...
25 Sep, 2024 Uncharted waters: Debt restructuring contemplated for Thames Water By Lucy Trott Over the last week, there have been a number of stories in the media about the continued troubles for Thames Water. As we wrote earlier...
15 Aug, 2024 The conundrum raised by Toogood and Re Pindar: What if there are no longer any secured creditors? By Louise Corcoran The recent High Court decisions in Boughey & Anor v Toogood International Transport and Agricultural Services Ltd and Re Pindar...
09 May, 2024 Becker bankruptcy finally discharged after 7 year gestation period By Lucy Trott Boris Becker was originally made bankrupt in June 2017. In the ordinary course, a debtor is made bankrupt for a period of one year, and...
20 Mar, 2024 Positive news for Prezzo By Samantha Uzzell A corporate “restructuring” really can be good for business: since Prezzo’s Part 26A restructuring plan was sanctioned by the court on 5...
29 Feb, 2024 Can Thames Water (still) keep its head above water? By Lucy Trott Thames Water is making waves once again with renewed discussion around a potential special administration for the beleaguered water...
16 Jan, 2024 UK's largest nightclub operator calls time on underperforming venues By Helen Martin Rekom UK, the UK's largest nightclub operator, has filed a notice of intention to appoint administrators to a number of companies within...
19 Dec, 2023 Global gloom: insolvencies on the rise By Joanna Charter We wrote earlier this year about the rise in insolvencies in the UK at the end of the summer, as persistent inflation, the pain of...
11 Dec, 2023 Personal guarantees in the spotlight as FCA asked to investigate lending practices By Helen Martin The Federation of Small Businesses (FSB) has issued a “super-complaint” to the Financial Conduct Authority (FCA) regarding the practice...
01 Nov, 2023 Company insolvencies at highest level since financial crisis By Helen Martin The Insolvency Service released the quarterly insolvency statistics for July - September 2023 on 31 October, painting a picture of...
03 Aug, 2023 Insurance resolution regime will give Bank of England new powers to manage the failure of large insurers By Helen Martin Following a consultation earlier this year, the government has announced plans to introduce an insurance resolution regime which will...