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    Groundbreaking Royal IHC Restructuring: Dutch scheme proves itself (again) as highly effective and flexible restructuring tool
    2023-03-29

    Since the Dutch Act on Court Confirmation of a Private Restructuring Plan (“WHOA” or “Dutch Scheme”) entered into force on 1 January 2021, Dutch Courts have rendered over 200 judgments.

    On 9 March 2023, (one of) the largest Dutch Schemes so far was successfully completed: the restructuring of Royal IHC and its subsidiaries (as announced in IHC’s press release). In this case, the Rotterdam Court made several important decisions enhancing the effectiveness and legal certainty surrounding the WHOA, including regarding:

    Filed under:
    European Union, Netherlands, Insolvency & Restructuring, Litigation, Freshfields Bruckhaus Deringer, Insolvency Regulation (1346/2000) (EU)
    Authors:
    Tim Elkerbout , Michael Broeders
    Location:
    European Union, Netherlands
    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    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.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    With the temporary insolvency measures implemented under the Corporate Insolvency and Governance Act no longer in force, the Q3 2022 data shows a significant increase in insolvencies from Q3 2021, with the overall number of registered company insolvencies 40 per cent higher.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
    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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