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Insolvency and Restructuring News


Exclusive: HMRC prepares for judicial review into Manches administration

29-Sep-2015 | By Tabby Kinder

The creditors of liquidated firm Manches are seeking legal advice to bring a judicial review of the Solicitors Regulation Authority’s (SRA) handling of the liquidation after being left with a £4.2m shortfall in tax receipts.

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TWM picks up McClures partner for new London base

3-Sep-2015 | By Joanne Harris

South-East firm TWM Solicitors has become the latest to hire a partner from collapsed Scottish outfit McClure Naismith, hiring Mark Parkhouse as head of insolvency.

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Strelia adds insolvency team with Taylor Wessing hire

1-Jul-2015 | By Joanne Harris

Belgian boutique Strelia has added an insolvency specialist to its ranks with the hire of Taylor Wessing partner Bart de Moor and two senior associates.


Stephenson Harwood paid £6m in legal fees for Rangers FC liquidation

29-Jun-2015 | By Rachel Moloney

Stephenson Harwood has picked up over £6m in legal fees, after it was involved in the three-year long liquidation of Rangers Football Club. 


DLA faces SRA investigation over offensive emails between senior partners

17-Jun-2015 | By Jonathon Manning

DLA Piper is facing a possible investigation by the Solicitors’ Regulation Authority (SRA) after its senior partners sent emails to each other following the bankruptcy of a former client.


WilmerHale and Bryan Cave lead as Barclays sells former Lehman's operation to Stifel

10-Jun-2015 | By Rachel Moloney

WilmerHale and Bryan Cave have taken lead roles in the sale of Barclays’ US wealth and investment management franchise to Stifel Financial. 

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Milbank, Paul Hastings and Weil complete £1.5bn restructuring of General Healthcare Group

8-Jun-2015 | By Rachel Moloney

Milbank Tweed Hadley & McCloy, Paul Hastings and Weil Gotshal & Manges have all advised on the two and half-year long restructuring of the General Healthcare Group (GHG).

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Brown Rudnick bolsters Paris with restructuring duo

5-Jun-2015 | By Joanne Harris

Brown Rudnick has strengthened its Paris team with the hire of partners from French firms De Gaulle Fleurance & Associés and August & Debouzy.


Burness Paull and Levy & McRae face legal action over collapse of $400m hedge fund

20-Feb-2015 | By Tabby Kinder

Scottish firms Burness Paull and Levy & McRae are facing legal action from the liquidators of Heather Capital over their involvement in the collapse of the $400m hedge fund.

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Insolvency and Restructuring Briefings

Italy: delayed payment of secured creditors download subscription

NCTM 7-Oct-2015

Criteria for determining economic loss confirmed.

Bankruptcy petition level rises to £5,000 download subscription

The Sheriffs Office 7-Oct-2015

On 1 October 2015, the minimum threshold for a creditor being able to start bankruptcy proceedings against a debtor rises from £750 to £5,000.

Appointment of administrators: common sense prevails download subscription

Gateley Plc 7-Oct-2015

Amendments will be a relief to Insolvency Practitioners 

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Insolvency – The spillover effect

19-Jan-2015 | By Natalie Stanton

Collapsed oil prices and Ebola have hit businesses hard, while European plans to copy UK restructuring tools could challenge British courts’ dominant role.

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