Director disqualification? How about prison?

The approach of the Insolvency Service appears to have shifted, no longer can directors rely on receiving a disqualification upon conviction of an insolvency related criminal offence.

The UK Jurisdiction Taskforce (UKJT) has issued guidance on how to deal with digital assets under English insolvency law

The UK Supreme Court in BTI 2014 LLC v Sequana SA and others [2022] (“Sequana”) has affirmed company director’s common law duty to give appropriate weight to the company’s creditors when insolvency is looming.

Directors disqualified for abusing dissolution process following new powers given to the Insolvency Service

In a recent court case the non-executive chair of a private company was disqualified from acting as a director after the High Court found he had fallen short of his duties as a director.

New Bill to extend Disqualification Order powers.

Following the Finance Act 2020 gaining Royal Assent on 22 July 2020 HMRC became a preferential creditor in insolvencies with effect from 1 December 2020.

Are you covered for business interruption losses due to Covid?

The restructuring and insolvency team led by Ian Wood-Smith advise KRE Corporate Recovery on the administration and subsequent sale of the business and assets of Neptune Rum.

Mark Banham, Associate in the property litigation team provides an update on the new Corporate Insolvency and Governance Bill 2019-21 which has provided clarification to landlords and tenants alike on the measures originally designed to protect businesses on the high street from landlords seeking to recover rent using “aggressive tactics”.