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Plans to restrict use of conditional fee agreements in insolvency cases dropped 'for the time being'

Successful parties to insolvency cases will not be prevented from recovering conditional fee agreement (CFA) 'success' fees and legal insurance premiums from their opponents from April, after the UK government extended a temporary exemption from the general... 03 Mar 2015

New protections outlined for supply of IT and energy to insolvent businesses

IT providers will be forced to continue supplying businesses that enter into administration, under proposed new rules set to come into force in the UK later this year. 10 Feb 2015

Out-Law Guides

UK restructuring laws already geared towards business rescue, says government

UK procedures allowing businesses to restructure in order to avoid insolvency already meet EU plans for a more 'rescue-orientated' approach to business failure and insolvency, according to a discussion document published by the Insolvency Service. 10 Feb 2015

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

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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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