United Kingdom: Insolvency/Bankruptcy/Re-Structuring

Subscribe
Insolvency law and bankruptcy law articles, thought leadership, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics surrounding financial restructuring, insolvency and bankruptcy.
Article
Drelle v Servis-Terminal LLC: Supreme Court Clarifies Cross-border Insolvency And Asset Recovery
The Supreme Court has fundamentally altered the landscape for cross-border debt recovery by ruling that foreign judgments can support bankruptcy petitions without prior recognition in England and Wales. This decision removes procedural barriers that previously forced creditors to navigate costly and time-consuming recognition processes before accessing insolvency-based enforcement mechanisms. The judgment aligns England and Wales with other leading jurisdictions while providing creditors with faster access
Worldwide Insolvency
WL
Withers LLP
See more

Related Country Guides

See more
Article
UK Supreme Court Provides Streamlined Enforcement Option For International Creditors
The UK Supreme Court has ruled that creditors holding unrecognised foreign judgments from jurisdictions like Brazil, China, Russia, and the United States can now initiate bankruptcy proceedings in England without first obtaining UK court recognition. This landmark decision significantly expands enforcement options for international judgment creditors while creating new risks for debtors with assets in England and Wales, potentially extending to corporate winding-up petitions.
United Kingdom Litigation
D
Dechert
See more