United Kingdom: Insolvency/Bankruptcy

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Insolvency law and bankruptcy law articles, thought leadership, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics surrounding financial restructuring, insolvency and bankruptcy.
Article
Fashion, Luxury And Lifestyle News Aggregator – September 2026
Frasers Group's acquisition of Harvey Nichols for £43.3 million has sparked controversy as creditors face significant losses, while Victoria Beckham's fashion empire achieves its first-ever profit after years of financial struggle. Meanwhile, China's luxury market shows signs of weakening recovery amid tax pressures and economic uncertainty, raising questions about the future of global luxury growth.
United Kingdom Commercial
PS
Penningtons Manches Cooper LLP
Article
Beyond Senior Debt: Key Takeaways From Our Alternative Private Capital Seminar
Private capital is reshaping real estate financing beyond traditional senior debt, with operational real estate at the center of this transformation. As interest rates remain elevated and traditional lenders retreat, alternative capital providers are filling the funding gap with flexible structures and creative solutions. The shift requires lenders to underwrite not just buildings, but the businesses that operate within them, fundamentally changing how distress is managed and value is realized.
United Kingdom Finance
M
Macfarlanes LLP
Article
Understanding Cross-border Asset-based Lending
Steven Geerlings shares insights from his extensive international career in asset-based lending, spanning work across the UK, Netherlands, Belgium, and Germany. Drawing on experience managing multi-billion euro transactions for Deutsche Bank and navigating complex cross-border finance structures, he explores the operational and legal challenges that arise when lending against assets across multiple European jurisdictions. The discussion reveals how evolving regulations and practical expertise are reshaping
United Kingdom Finance
HCR Law
Article
Fraudulent Trading Criminal And Civil Issues, Defences And How To Respond
A fraudulent trading investigation can expose directors to criminal prosecution, personal financial liability, confiscation proceedings and director disqualification. Early legal advice can materially affect the outcome, as statements made to liquidators, insolvency investigators, HMRC or police may be used in other proceedings, making it essential to coordinate criminal, insolvency and commercial responses from the outset.
United Kingdom Criminal
Taylor Rose
Article
Drelle: What Does The Supreme Court's Recent Judgment Really Mean For Cross-border Insolvency And Asset Recovery Strategy?
The Supreme Court's landmark decision in Drelle fundamentally reshapes how foreign judgment debts can be used in English insolvency proceedings, allowing creditors to present bankruptcy petitions without first obtaining recognition or registration. This ruling removes a significant procedural buffer for debtors and creates new strategic opportunities for foreign office-holders pursuing directors and recipients across jurisdictions...
United Kingdom Insolvency
Womble Bond Dickinson (UK) LLP
Article
Protecting Chinese Businesses' Financial Position In The UK: Managing Credit Risk (Part 2: Debt Enforcement And Distressed Acquisitions)
Chinese businesses and investors face unique challenges when enforcing debts or acquiring distressed assets in the UK. Understanding the insolvency waterfall, formal enforcement options including administration and receivership, and strategic opportunities like pre-pack sales can provide significant advantages in protecting financial positions and identifying acquisition opportunities at discounted valuations.
United Kingdom Insolvency
HK
Howard Kennedy
Article
Quillan: Why Unrecovered ‘director Loans’ Can Still Mean An Unexpected Tax Bill For Directors
A recent Upper Tribunal decision confirms that directors of close companies can face unexpected personal tax liabilities when their overdrawn loan accounts are deemed 'written off' by liquidators, even without formal release documentation. The case of HMRC v Gary Quillan demonstrates how a liquidator's statement that no further recovery is expected can trigger immediate income tax charges on directors, regardless of whether the debt remains technically payable.
United Kingdom Tax
Thrings LLP
Article
Can A Creditor Present A Bankruptcy Petition Based On An Unrecognised Foreign Judgment?
The UK Supreme Court has resolved a critical question about whether creditors can use unrecognised foreign judgments to initiate bankruptcy proceedings in England and Wales. The landmark decision in Drelle v Servis-Terminal LLC examines the 'obligation principle' and determines what constitutes a qualifying debt under the Insolvency Act 1986, potentially streamlining the process for international creditors seeking to pursue insolvency actions without formal judgment recognition.
United Kingdom Insolvency
GW
Gowling WLG
Article
Braganza (Still) Doesn't Bite
The Court of Appeal has partially reversed a High Court decision in a case examining whether a chargee's appointment of administrators was invalid due to improper purpose, specifically where debt acquisition followed a failed takeover bid. The judgment clarifies the boundaries of Braganza-style rationality duties in secured lending enforcement and explores when the equitable 'proper purpose' doctrine may constrain a creditor's right to appoint administrators under Schedule B1 of the Insolvency Act 1986.
United Kingdom Insolvency
MB
Mayer Brown
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