The vast majority of UK taxpayers pay what they owe in full and on time. Her Majesty’s Revenues and Customs (HMRC) thinks that a persistent minority choose not to pay which provides an undeserved advantage to those who are wilfully seeking to play the system, and creates costs which are ultimately borne by the compliant majority.
Background
United Kingdom, Insolvency & Restructuring, Litigation, Squire Patton Boggs, Costs in English law, Abuse of process, Solicitor, Debt, Liquidation, Liquidator (law), Honda, Insolvency Act 1986 (UK)
Intercreditor Agreement in ION Media requires Second Lien Lenders “Be Silent” — precludes challenge to validity of liens; deprives junior creditors of standing to object to plan of reorganization.
USA, Insolvency & Restructuring, Litigation, Lowenstein Sandler LLP, Bankruptcy, Unsecured debt, Debt, Secured creditor, Secured loan, Federal Communications Commission (USA), United States bankruptcy court
United Kingdom, Insolvency & Restructuring, Litigation, Squire Patton Boggs, Mediation, Cryptocurrency, Cladding, Non-fungible tokens, Insolvency, American Bankruptcy Institute, Transfer of Undertakings (Protection of Employment) Regulations 2006 (UK), Pensions Act 2004 (UK), Building Safety Act 2022 (UK)