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Indicators of distress within UK business at record lows

UK businesses are in their healthiest financial state since insolvency industry association R3 first started measuring for indications of distress in March 2012, the trade body has said. 12 Jun 2015

European parliament gives final approval to cross-border insolvency regime based on business rescue

The European parliament has rubber-stamped new cross-border insolvency rules, designed to give otherwise viable companies in financial difficulty a "second chance", it has announced. 27 May 2015

Out-Law Guides

UK pensioners to benefit as judges order insolvent Nortel’s assets to be divided equally

Former UK employees of Nortel Networks, the insolvent Canadian telecoms firm, could receive up to two thirds of their long-deferred pension claims after the US and Canadian courts ruled that the company’s remaining assets should be equally divided among all... 18 May 2015

UK government reviewing employee consultation and information sharing by businesses facing insolvency

The ways in which businesses facing financial difficulties and the possibility of making employee redundancies consult and provide information to those employees could be better, the UK government has said. 30 Mar 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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