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UK Supreme Court decision clarifies potential for recovery of bribes from insolvent agents, says expert

The ability of firms to recover bribes and damages from their agents ahead of other creditors if the agent becomes insolvent has been restored by a decision of the UK's Supreme Court, an expert has said. 28 Jul 2014

Property owner liable for business rates when property fell unoccupied following liquidation of tenants, rules High Court

A property fund group face a near £600,000 business rates bill in Birmingham after the council in the area won a High Court ruling relating to liability for business rates due following liquidation of the tenants of a property in the city. 16 Jul 2014

Out-Law Guides

"Essential suppliers" to be prevented from terminating contracts with insolvent companies

IT and utility companies that provide "essential" supplies would be prevented from enforcing termination clauses in contracts with companies that fall into financial difficulties under plans put forward for consultation by the UK government. 10 Jul 2014

Supreme Court overturns liquidator's challenge to pre-liquidation security granted over golf club

A recent decision by the UK's highest court reinforces how important it is for litigants to succeed in the court of first instance as chances of success on appeal are getting slimmer an expert has said. 08 Jul 2014

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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