Financial distress and insolvency processes can be complex for companies, their shareholders and their directors. This section provides insights and vital guidance any stakeholders dealing with a company in financial distress or approaching an insolvency processes.
As well as providing practical insights, we examine changes to major procedures like administration, company voluntary arrangements, liquidation, and the new restructuring plan.
New EU rules on Non-Performing Loans
CMS Expert Guide to restructuring and insolvency law
Companies in distress: directors’ duties and helpful tools
Fire sale: keeping your cool during an administration
Navigating turbulence
A CMS Guide to Restructuring & Insolvency in Crypto, May 2022
No Waiver Clauses, Events of Default and Lombard v Skyjets Case - January 2023
Harmonisation of insolvency avoidance in Europe: the UK perspective
Leveraged finance: handling an impending financial covenant breach
Pre-pack insolvency sales: the UK approach
EU proposes Directive on harmonisation of insolvency law
Supreme Court rules on nature and timing of directors’ duty to consider creditors
Restructuring Plans – Creditors “out of the money” are “out of the vote”
Back to the drawing board for Amigo: FCA succeeds in challenging its proposed Scheme of Arrangement
Virgin activate restructuring plan
New Look CVA - grounds of challenge rejected by the High Court
The return of Crown preference from 1 December 2020
Corporate Insolvency and Governance Act 2020
Upstream (RBL) oil & gas finance - Managing debt exposure through a downturn – weathering the storm
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