Section 423 of the Insolvency Act 1986 allows for the reversal of certain transactions at an undervalue that are intended to prejudice the interests of creditors. The scope of Section 423 is extensive and may be used to...more
On 22 July 2022, the English High Court sanctioned Houst Limited’s (“Houst” or the “Company”) restructuring plan (the “Restructuring Plan”), which significantly, is the first time a Restructuring Plan has been used to cram...more
8/24/2022
/ Chapter 11 ,
CIGA ,
Coronavirus/COVID-19 ,
Corporate Insolvency and Governance (CIG) Act 2020 ,
Corporate Restructuring ,
Financial Solvency ,
HMRC ,
Liability ,
Property Management Companies ,
Sanctions ,
Small and Medium-Sized Enterprises (SMEs) ,
Travel ,
UK