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    Another successful Dutch Scheme: a milestone in the complex and multi-jurisdictional Steinhoff restructuring
    2023-07-04

    In yet another major restructuring in the Netherlands, the Dutch Court confirmed a restructuring plan under the Dutch Act on Court Confirmation of a Private Restructuring Plan (WHOA). The public restructuring of the Steinhoff Group (Steinhoff) was approved by the Amsterdam Court on 21 June 2023, only seven days after the confirmation hearing.

    Filed under:
    Netherlands, Insolvency & Restructuring, Freshfields Bruckhaus Deringer
    Authors:
    Charlotte Ausema
    Location:
    Netherlands
    Firm:
    Freshfields Bruckhaus Deringer
    CIGA turns 3
    2023-07-03

    The government’s Insolvency Service published its Post Implementation Review of the Corporate Insolvency and Governance Act 2020 (CIGA) on 27 June 2023. The overall conclusion from the data collected, including a survey of insolvency practitioners, is that the permanent CIGA measures have been broadly welcomed by stakeholders and are seen as a positive addition to the UK’s rescue framework.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Insolvency, Corporate Insolvency and Governance Act 2020, Insolvency Service (UK)
    Authors:
    Katharina Crinson , Ken Baird
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer
    The UK's latest company insolvency statistics: macro-economic headwinds continue to bite
    2022-10-28

    As expected, the UK's latest quarterly company insolvency statistics, published on 28 October, follow the pattern of previous quarterly updates this year with the number of insolvencies continuing to rise in comparison with both the equivalent quarter in 2021, and pre-pandemic.

    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Supply chain, Insolvency
    Authors:
    Ken Baird , Kevin Connolly
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer
    The UK's latest company insolvency statistics: macro-economic headwinds continue to bite
    2022-10-28

    As expected, the UK's latest quarterly company insolvency statistics, published on 28 October, follow the pattern of previous quarterly updates this year with the number of insolvencies continuing to rise in comparison with both the equivalent quarter in 2021, and pre-pandemic.

    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Supply chain, Insolvency
    Authors:
    Ken Baird , Kevin Connolly
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer
    The UK's latest company insolvency statistics: macro-economic headwinds continue to bite
    2022-10-28

    As expected, the UK's latest quarterly company insolvency statistics, published on 28 October, follow the pattern of previous quarterly updates this year with the number of insolvencies continuing to rise in comparison with both the equivalent quarter in 2021, and pre-pandemic.

    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Supply chain, Insolvency
    Authors:
    Ken Baird , Kevin Connolly
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer
    The UK's latest company insolvency statistics: macro-economic headwinds continue to bite
    2022-10-28

    As expected, the UK's latest quarterly company insolvency statistics, published on 28 October, follow the pattern of previous quarterly updates this year with the number of insolvencies continuing to rise in comparison with both the equivalent quarter in 2021, and pre-pandemic.

    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Supply chain, Insolvency
    Authors:
    Ken Baird , Kevin Connolly
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer
    The UK's latest company insolvency statistics: macro-economic headwinds continue to bite
    2022-10-28

    As expected, the UK's latest quarterly company insolvency statistics, published on 28 October, follow the pattern of previous quarterly updates this year with the number of insolvencies continuing to rise in comparison with both the equivalent quarter in 2021, and pre-pandemic.

    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Supply chain, Insolvency
    Authors:
    Ken Baird , Kevin Connolly
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer
    The UK's latest company insolvency statistics: macro-economic headwinds continue to bite
    2022-10-28

    As expected, the UK's latest quarterly company insolvency statistics, published on 28 October, follow the pattern of previous quarterly updates this year with the number of insolvencies continuing to rise in comparison with both the equivalent quarter in 2021, and pre-pandemic.

    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Supply chain, Insolvency
    Authors:
    Ken Baird , Kevin Connolly
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer
    The UK's latest company insolvency statistics: macro-economic headwinds continue to bite
    2022-10-28

    As expected, the UK's latest quarterly company insolvency statistics, published on 28 October, follow the pattern of previous quarterly updates this year with the number of insolvencies continuing to rise in comparison with both the equivalent quarter in 2021, and pre-pandemic.

    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Supply chain, Insolvency
    Authors:
    Ken Baird , Kevin Connolly
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer
    The UK's latest company insolvency statistics: macro-economic headwinds continue to bite
    2022-10-28

    As expected, the UK's latest quarterly company insolvency statistics, published on 28 October, follow the pattern of previous quarterly updates this year with the number of insolvencies continuing to rise in comparison with both the equivalent quarter in 2021, and pre-pandemic.

    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Supply chain, Insolvency
    Authors:
    Ken Baird , Kevin Connolly
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer

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