United Kingdom: Financial Restructuring

U.S. brands and retailers have understandably focused on tariff pain at the border, but the real sleeper threat sits upstream: margin pressure turning a fragile supplier into a single-point failure. Early intervention to stabilize and, where needed, support in supplier restructuring is critical to keep goods on shelves and profitability intact.

As we move into the second quarter of 2026, it is increasingly clear that disruption is no longer a cyclical event businesses can ride out...

The High Court made the first compulsory winding up order under section 85 of the Finance Act 2022, which enables a promoter of a tax avoidance scheme...

2025 has been characterised by significant geopolitical adjustments, which have reinforced how such macroeconomic shifts are now central to business disruption, rather than simply background noise.

The removal of administrators represents one of the most challenging decisions courts encounter in insolvency proceedings. It requires balancing the practical need for continuity...

On 15 December 2025, an External Review Panel of the Determinations Committee of the International Swaps and Derivatives Association ("ISDA")...

This article explores the strategic use of creative class composition in English restructuring plans, in particular the creation of "anchor" classes to facilitate cross-class cram down.

In a sweeping decision, the UK Court of Appeal has handed meaningful negotiating leverage to out of the money creditors. All those involved in major UK restructurings must take careful note of the detail and ramifications...

On 1 July 2025 and by a unanimous decision, the Court of Appeal has set aside the order made by Marcus Smith J in May sanctioning Petrofac's two inter-conditional...