United Kingdom: Insolvency/Bankruptcy

The Commercial Court has refused to continue proprietary injunctions against investors who received payments from collapsed UK bridging lender Market Financial Solutions (MFS) before its administration. The court found that investors whose investments were returned before the collapse were bona fide purchasers for value without notice, allowing them to take the monies free of any trust despite MFS's alleged misappropriation of funds intended for mortgage loan origination.

The High Court’s sanction of Waldorf Production UK Plc’s second restructuring plan, Re Waldorf Production UK Plc [2026] EWHC 1014 (Ch), is a useful decision for companies, creditors and restructuring professionals considering a restructuring plan under Part 26A of the Companies Act 2006.

The High Court of England & Wales recently examined the scope of liquidators' powers to request documents from related parties under the Insolvency Act 1986. When liquidators sought an 'everything forever' order requiring a sister company to produce all documents relating to the company in liquidation, the court had to balance the statutory duty to cooperate against the principle of proportionality and reasonable necessity.

The Technology & Construction Court has issued a landmark ruling on Building Liability Orders under the Building Safety Act 2022, establishing that courts can impose liability on associated companies before final judgment...

Technology and economic uncertainty are reshaping work, but access to opportunity remains uneven. Through mentoring programs spanning from professionals over 50 to young people and trauma survivors...

Private capital markets have transformed substantially over the past decade. Private credit has established itself as a mainstream asset class, sponsor-backed mid-market buyouts have grown increasingly sophisticated...

The judgment provides definitive findings on authenticity, duties to creditors in financially distressed situations, and the limits of post hoc ratification by shareholders.

Portability has been available in European leveraged debt markets for some time. On the high yield side, it has appeared in over 70% of sponsored deals every year since 2023. Less frequently seen in loans, syndicated TLB...

An officeholder should consider whether and to what extent they can use their powers under sections 234, 235 and 236 of the Insolvency Act 1986...