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Arcadia Group considering sale of BHS department store chain after 'several approaches'

Arcadia, the UK fashion retail group, is considering selling its BHS department store chain after receiving "several approaches" for the loss-making brand, according to press reports. 29 Jan 2015

Report: proposed community right to acquire 'abandoned' land in Scotland should be dropped

Plans to give Scottish communities the right to acquire land that has been "abandoned or neglected" are unclear, and should be replaced with a reference to land that has been "wholly or mainly neglected", according to a new report. 27 Jan 2015

Out-Law Guides

Threshold for triggering bankruptcy proceedings will be raised to £5,000, UK government confirms

Creditors will only be able to enforce bankruptcy proceedings against an individual in England and Wales once that person is at least £5,000 in debt, the government has confirmed. 20 Jan 2015

New EU insolvency rules aim to "rescue and recover" viable businesses, ministers say

Justice ministers from across the EU have backed a proposed new insolvency law regime that is intended to make it easier to save otherwise viable businesses facing cross-border financial difficulties. 09 Dec 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.

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