Here’s a curious thing:

• an advisory opinion from a U.S. Circuit Court of Appeals on an issue for which there is no controversy and that is mostly academic.

That’s exactly what we have in In re Whittaker Clark & Daniels, Inc., Case Nos. 24-2210 & 24-2211 (3rd Cir., decided September 10, 2025)(see first concurring opinion).##

No Controversy

The Renters' Rights Act 2025 (the Act) will overhaul the private rented sector in England and Wales.

Key changes include:

• All tenancies being periodic assured tenancies;
• Changes to the way landlords can obtain possession;
• The application of a Decent Homes Standard to the private rented sector; and
• The creation of a digital private rented sector database.

The Act received Royal Assent on 27 October 2025 and the Government has published a roadmap for phased implementation, with the key reforms commencing on 1 May 2026.

From 18 November 2025, the UK’s new Companies House identity verification (IDV) framework took effect, representing one of the most substantial reforms to corporate administration in recent years. The reforms, introduced under the Economic Crime and Corporate Transparency Act 2023, aim to enhance corporate transparency and prevent misuse of UK entities.

The Property (Digital Assets etc) Act 2025 (the “Act”) came into force on 2 December 2025, providing helpful statutory confirmation that digital assets may be considered “property” as a matter of law in England, Wales and Northern Ireland.

The Act, working together with current insolvency law, is a significant step in providing further certainty to investors, lenders, and custodians in the digital asset market.

key takeaways

On 6 November 2025, winding-up orders were made against Assent Building Control Compliance Limited (“Assent”) and its subsidiaries LB Building Control Limited (“LB”) and

What is insolvency?

Insolvency is defined in section 95A of the Corporations Act 2001 (Cth)(Act) as the inability of a company to pay its debts when they fall due. Australian law applies a cash-flow test rather than a balance-sheet test, meaning the inquiry does not turn on the numerical gap between assets and liabilities.