All Topics

Subscribe
Article
New ALTS, Old Tricks? What You Need To Know About The Reforms To The U.K.'s AIFM Regime
The U.K. Government and Financial Conduct Authority have launched a comprehensive reform package that will fundamentally restructure the alternative investment fund manager regime through a new three-tier classification system based on net asset value. The proposed changes, set to take effect in 2028, aim to make the regulatory framework more proportionate and competitive while moving most requirements from EU law into a new FCA sourcebook called ALTS.
United Kingdom Finance
WT
Winston Taylor
Article
High Court Rules That Administrators May Be Able To Pay Administration Expenses And Litigation Funding Ahead Of “super Priority” Moratorium Debts
The High Court has determined that administrators can enter into litigation funding arrangements allowing funders to be repaid from litigation proceeds ahead of moratorium debts with "super priority" status, provided this aligns with the administration's purpose and the administrators' duties. This ruling addresses a critical question about the interplay between protected moratorium creditors and the practical realities of funding litigation in insolvency proceedings.
United Kingdom Insolvency
KL
Herbert Smith Freehills Kramer LLP
Article
Crest Nicholson v Ardmore [2026] EWHC 789 (TCC)
The decision in Crest Nicholson v Ardmore represents a significant development in the application of the Building Safety Act 2022 (“BSA”), in particular the Court’s approach to Building Liability Orders (“BLOs”) under section 130. It is the first detailed consideration of the “just and equitable” test in this context and only the second reported instance of the High Court granting such an order.
United Kingdom Real Estate
BL
Buckles Law
See more