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Ahead of the Insolvency Rules Review expected this summer, the Insolvency Service have published a new statutory instrument (SI) that will come into force on 22 June. This seeks to tidy up a few of the “niggles” found in the Insolvency Rules 2016 (Rules) that have caused practitioners a headache, as well as making a...... Continue Reading
June 2026 | Blog
When Waldorf Production UK Plc returned to court with its second restructuring plan in a year, the primary opposition it faced was from HMRC who voted against the plan. Mr Justice Green ultimately sanctioned the plan, cramming down the liabilities owed to HMRC but the judgment provides some helpful insight into the position taken by...... Continue Reading
May 2026 | Blog
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May 2026 | Europe
The Renters Rights Act 2025 (Act), which came into force on 1 May 2026 aims to give private tenants greater security and protection from eviction, in many respects aligning the position with business tenants who are in occupation under a protected business tenancy. For insolvency practitioners (IPs) appointed as administrators or liquidators of a business...... Continue Reading
April 2026 | Europe
There is something to be said for “assume the worst” when it comes to defects in administration appointments and extensions. The court has taken this approach in a few cases where, rather than trying to work out the intricacies and effect of a defect on an appointment or extension, it has assumed the worst (i.e...... Continue Reading
April 2026 | Blog
The Council of the European Union has just given the green light to a new EU Law that aims to bring consistency to key aspects of insolvency rules across Member States. For years, businesses and investors have had to navigate a patchwork of national regimes—each with its own procedures, timelines, and quirks. The new Directive...... Continue Reading
March 2026 | Blog
It has been a while since we have had any cases challenging the fairness of a CVA, but in this recent Scottish decision where HMRC challenged the approval of Petrofac’s CVA on the basis of fairness, the court was required to consider HMRC’s contention that the CVA unfairly prejudiced its interests. In The Advocate General...... Continue Reading
February 2026 | Europe
January 2026 | Europe
December 2025 | Europe
In a first, the Pensions Regulator (TPR) has exercised its anti-avoidance powers under section 47 of the Pensions Act 2004 (PA04). While it has issued contribution notices (CN) under section 38 of the PA04 on several occasions, this is the first time TPR used its section 47 powers issuing a CN in respect of a...... Continue Reading
December 2025 | Blog
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