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UK Court of Appeal overturns Petrofac's restructuring plans due to unfair new money terms
Amy Patterson and Louise Jennings review this landmark decision of the Court of Appeal, its third on restructuring plans and the first to consider the fair share of post-restructuring benefits between creditors including those who are 'out of the money' in the relevant alternative.
UK insolvency service reframes its view on meaning of 'creditor'
The government has taken steps to clarify its view on the interpretation of the word 'creditor' in insolvency procedures, Louise Jennings and Jordan Cooper discuss this welcome clarification for insolvency practitioners.
UK connected party pre-pack administration sales rise again
Amy Patterson examines the latest UK Government review, indicating a substantial rise in pre-pack and connected party pre-pack administration sales in the UK and the use of the new independent evaluator.
English High Court confirms strict payment rule for solvent liquidations
Louise Jennings and Natalie Smith discuss a recent decision which considered when a company must convert from a solvent liquidation to an insolvent liquidation and the correct test to apply.
German court refers question of insolvency avoidance to European Court of Justice
Melanie Helms and Dr Daniel Kunz outline the potential impact of the referral by a German Court to the European Court of Justice of issues relating to the avoidance of transactions in cross-border insolvencies.
Getty Images v Stability AI: where are we after the trial - copyright?
Court of Appeal confirms that indirect effects no longer forms part of UK law
ENERGI/ENERJO and SkyKick
Navigating the UK defence market: routes to market, regulatory framework and strategic considerations
