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The European parliament has rubber-stamped new cross-border insolvency rules, designed to give otherwise viable companies in financial difficulty a "second chance", it has announced. 27 May 2015
Former UK employees of Nortel Networks, the insolvent Canadian telecoms firm, could receive up to two thirds of their long-deferred pension claims after the US and Canadian courts ruled that the company’s remaining assets should be equally divided among all... 18 May 2015
If you are a creditor then there are a number of steps you can take in Scotland to recover the money you are owed. This guide outlines what they are.
This guide was last updated in August 2011.
The ways in which businesses facing financial difficulties and the possibility of making employee redundancies consult and provide information to those employees could be better, the UK government has said. 30 Mar 2015
New EU rules aimed at making cross-border insolvency proceedings more efficient and effective will come into force in June or July of this year after receiving the backing of the European Council. 16 Mar 2015
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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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