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Hogan Lovells
The Pension Schemes Bill [HL] 2019-20 (Bill) was re-introduced before Parliament on 7 January 2020. Among its proposed amendments to the Pensions Act 2004...
Herbert Smith Freehills
In a long-awaited development of cross-border insolvency cooperation between Hong Kong and Mainland China, the Hong Kong Court has granted recognition and assistance to Mainland liquidators for the first time.
Edwin Coe LLP
Some might say that "hell hath no fury like a spouse scorned". Perhaps the fury might be fuelled further if the scorned spouse is obstructed by attempts to put assets out of reach by a strategic insolvency.
Shepherd and Wedderburn LLP
It is well established that the courts will only refuse to enforce an adjudicator's award in fairly limited circumstances. One such set of circumstances is where the party to be paid
Gowling WLG
In this journal in 2015, I wrote on the subject 'Funding insolvency litigation: a new dawn', outlining various streams of funding available to insolvency practitioners (IPs) ...
MJ Hudson
The Intercreditor Agreement – Protecting Mezzanine Value In Sticky Situations – November 2019
DAC Beachcroft LLP
In Meadowside Building Developments Ltd (in liquidation) –v- 12-18 Hill Street Management Company Ltd [2019] EWHC 2651 (TCC), the Court found that in certain circumstances,...
Shepherd and Wedderburn LLP
In a decision that will be of interest to anyone with claims for mis-sold PPI insurance, the Inner House of the Court of Session refused an appeal by The Royal Bank of Scotland and in so doing,
Herbert Smith Freehills
What can a developer owner of retail or mixed used schemes do, at the point when leases are granted, to protect itself from the risk of retail tenant CVAs?
Duff and Phelps
This ranking has allowed lenders to businesses, in particular asset-based lenders (ABLs), to rely more readily on floating charge assets for security.
Duff and Phelps
As you will have read in the introductory piece from David Whitehouse, our international reach continues apace.
Milbank LLP
Financial Restructuring partner Sinjini Saha will speak on a debate panel titled "Should the UK Insolvency System Become More Aligned to the System in Place in the US?"
Milbank LLP
Financial Restructuring partner Karen McMaster will speak on a panel titled "Increasing Leverage: Covenant-lite Situations and Loopholes in Documentation" at the at GRR Live
Edwin Coe LLP
As the Official Receiver and the Special Managers appointed to the failed giant of the travel industry dig into their task, our Restructuring and Insolvency partner Simeon Gilchrist takes a few...
Morrison & Foerster LLP
The High Court sanctioned a complex scheme of arrangement ("Scheme") under the Companies Act 2006 ("CA 2006") in relation to Lehman Brothers International (Europe) ("LBIE").
On 9 May 2019, the UK Department for Transport published its Final Report on the Airline Insolvency Review. A review which proposes changes to the existing UK insolvency regime for ...
Debevoise & Plimpton
Previous UK governments have brought forward various policies to encourage and facilitate business rescue, to stimulate lending to growth businesses, and to protect unsecured creditors
From April 2020, HMRC will become a secondary preferential creditor in insolvency proceedings, giving them priority in the recovery of VAT and certain other debts owed to them.
Hogan Lovells
On 19 September 2019, Norris J handed down judgment in the challenge brought by six landlords against the Debenhams Retail Limited (Debenhams) company
Kirkland & Ellis International LLP
The English court has held that solvent proceedings cannot be recognised under the Cross-Border Insolvency Regulations 2006 ("CBIR")
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