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Veale Wasbrough Vizards
It is so obvious to say, but suppliers want to be paid for the goods or services they supply, and we are living in highly uncertain times with suppliers increasingly concerned about the ability of customers (or clients) to pay.
Quadrant Chambers
This article considers whether, following the case of Wallace (as liquidator of Carna Meats (UK) Ltd) v Wallace, the power to summon persons...
Ocorian
Private equity firms have largely been closed off from government support in the UK context, and are in many cases heavily exposed to sectors like retail and hospitality that have been severely impacted by the pandemic.
Quadrant Chambers
In two recent decisions, The Financial Conduct Authority v Arch Insurance (UK) Ltd and others [2020] EWHC 2448 (Comm) (‘the FCA Test Case') and TKC London Limited v Allianz Insurance Plc ...
Hill Dickinson
The current COVID-19 pandemic has placed many companies registered in England and Wales into a position where they are now either balance sheet or cash flow insolvency or both.
Hill Dickinson
In the recent High Court decision in Rawbank S.A. -v- Travelex Banknotes Ltd [2020] EWHC 1619 (Ch) the advantages of making a Part 36
Walker Morris
Duncan Lole and Olivia Robinson discuss their recent case in the High Court (Strategic Advantage SPC v High Street Rooftop Holdings Limited
Walker Morris
Does a negative valuation from an Adjudicator equate to an order for payment?
Quadrant Chambers
The Corporate Insolvency and Governance Act (‘CIGA') which came into force on 26 June 2020 represents one of the biggest changes to the insolvency law of England and Wales in two decades.
Vistra
The pandemic has changed the global economy as we know it. From the board room to the mail room, employees and the businesses they work...
Morrison & Foerster LLP
Change is never easy, even change for the better poses challenges, but the great strength of the industry is its adaptability
Shepherd and Wedderburn LLP
This has been a year of unwanted change for a number of reasons including the return of preferential status of HMRC in insolvencies (‘Crown preference') with effect from 1...
Ropes & Gray LLP
New rules making the UK Government's financial support schemes more accessible to PE-backed businesses.
Charles Russell Speechlys LLP
The Corporate Insolvency and Governance Act 2020 came into force on 26 June 2020 introducing a number of temporary and more permanent reforms, summarised in my colleague Jess' post here.
Charles Russell Speechlys LLP
The Corporate Insolvency and Governance Act came into force on 26 June 2020 introducing a number of reforms aimed at providing protection to companies in financial distress, particularly...
Shearman & Sterling LLP
For over a century, U.K. company law has enabled a company to propose, to its creditors or shareholders, a compromise or arrangement of their rights which, if approved by the requisite majority...
Mayer Brown
The Corporate Insolvency and Governance Act 2020 ("CIGA") ushered in a flexible restructuring compromise or arrangement for companies in financial difficulty (the "Restructuring Plan").
Clyde & Co
In recent years, there has been an increased interest in obtaining third-party funding to commence legal proceedings.
Charles Russell Speechlys LLP
Approval of any Restructuring Plan requires a minimum of 75% in value in each class of creditors voting to vote in favour.
Veale Wasbrough Vizards
It is so obvious to say, but suppliers want to be paid for the goods or services they supply, and we are living in highly uncertain times with suppliers increasingly concerned about the ability of...
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