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"Balance sheet" test for insolvency must take account of wider commercial context, says Supreme Court

Courts must look beyond the assets and liabilities used to prepare a company's statutory accounts when deciding whether or not a company is balance sheet insolvent, the Supreme Court has ruled. 13 May 2013

Economists see signs of growth for financial services sector

Business lending, life insurance and the asset management industry are set to grow this year, according to a report by an influential group of economists. 07 May 2013

Out-Law Guides

Expertise in Business Restructuring

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.

More about Business Restructuring