United Kingdom: Insolvency/Bankruptcy/Re-Structuring

On November 10, 2025, the English High Court sanctioned the groundbreaking Part 26A restructuring plan of Fossil (UK) Global Services Ltd (the "Plan Company"), a subsidiary of Fossil Group, Inc. ("FGI").

This article outlines seven practical steps for navigating recognition proceedings in England & Wales which may help to protect creditor interests and maximise asset recovery...

Welcome to the GT London Real Estate Practice's Autumn 2025 newsletter, reviewing a range of legal and practice developments that may affect stakeholders within the UK real estate sector.

This article outlines seven practical steps for navigating recognition proceedings in England & Wales which may help to protect creditor interests and maximise asset recovery...

When a company is unable to meet its debt obligations, a creditor's natural course of action is to file a winding-up petition. If granted, the company goes into liquidation and its assets are distributed among creditors.

We recently wrote about the case of Medpro Healthcare Limited & Anor v HMRC [2025] UKUT 255 (TCC), which held (in a rare split decision) that the earlier Upper Tribunal (UT) decision in Martland v HMRC [2018] UKUT 178 (TCC) was "clearly wrong" in its determination...