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Changes to UK insolvency laws which come into force next month will give creditors greater sight of the costs of insolvency practitioners (" IPs "), ultimately improving confidence in the insolvency process. 22 Sep 2015
A privacy watchdog in Germany has warned liquidators that they cannot sell off customer data held by insolvent companies they manage in the same way as they do other commercial assets. 18 Aug 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.
It is up to the directors of an insolvent company to prove that they took "every step" to minimise the potential loss to creditors as soon as they knew that the company could not reasonably avoid liquidation, the High Court has confirmed. 07 Aug 2015
The corporate rescue exemption from a loan relationship tax charge on the restructuring of a company in financial difficulty will be in the next Finance Bill but will not come into force until the bill receives royal assent. 09 Jul 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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