Following the judgment of the High Court in June 2024 finding two former directors of BHS liable for (amongst other things) wrongful trading and breaches of their directors' duties to creditors in the prelude to the...more
Court awards first security for costs order in respect of a challenge to a restructuring plan.
Key takeaways -
The High Court has for the first time awarded security for costs in respect of a challenge to a proposed...more
The Adler appeal: Our key takeaways from the landmark Court of Appeal judgment setting aside the Adler restructuring plan, and what it means for future restructuring plans -
The Court of Appeal has handed down its...more
In a development which will be of interest to those in the restructuring community, the UAE’s Financial Reorganization Committee (the FRC) has codified, via an Approved Guide1, the steps that insolvency practitioners will...more
The UK Government’s response issued on 26 August 2018 confirms that the UK corporate restructuring toolbox will change (and expand).
Some of the proposed changes could be significant for borrowers, creditors and distressed...more