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The European Parliament has backed proposed new rules which would allow courts anywhere in the EU to freeze funds in business bank accounts in other EU states without warning. 17 Apr 2014
The modernisation of the 'loan relationship' rules for taxing companies on debts will include a new rule to provide tax relief in more cases of corporate rescue, according to a technical note issued by HM Revenue & Customs (HMRC). 15 Apr 2014
This guide was last updated in August 2011.
Proposals announced as part of this year's Budget that would allow HM Revenue and Customs (HMRC) to take money directly from the bank accounts of tax debtors could undermine existing insolvency laws by effectively allowing the department to be treated as a... 11 Apr 2014
The European Commission's new 'common principles' for national insolvency regimes place more of an emphasis on giving viable firms the opportunity to restructure at an early stage and so stay in business, reflecting the UK's current "rescue culture", an expert... 14 Mar 2014
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Pinsent Masons' Restructuring team helps a wide range of clients who are working with businesses in financial difficulty to rescue those businesses, improve recoveries and save jobs. We do this by working with all parties to identify opportunities and risks and to deliver innovative strategies to achieve our clients’ goals. Our clients trust us to work on many of the UK's most high profile restructuring assignments. We also draw upon a wealth of expertise and market contacts which we use to introduce new business opportunities to clients.
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