Restructuring & Corporate Recovery Update — April 2013

The April 2013 issue of Taylor Wessing’s Restructuring & Corporate Recovery Update is available now. The update summarises the most interesting recent legal developments in restructuring and corporate recovery.


  • Letters of support and transactions defrauding creditors
  • 12-year disqualification for individual acting as de facto or shadow director
  • Administrators beware: dismissing employees in connection with a TUPE transfer may not be fair
  • When can receivers claim remuneration, expenses and disbursements that have been properly incurred?
  • Administration order refused in relation to a foreign company where no foreign insolvency proceedings contemplated
  • Principles of interpretation are not automatically applicable between different versions of a document
  • Damages for breach of loan and loss of security
  • Court-appointed receivers’ duties
  • Boot camp: types of liquidation under English law…

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