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    Administrators' legal tightrope: the UK Supreme Court rules on HR1 filing failures and criminal liability
    2023-11-10

    Background

    In R (on the application of Palmer) (Appellant) v. Northern Derbyshire Magistrates Court and another (Respondents), the Supreme Court held that an administrator appointed under the Insolvency Act 1986 (IA 1986) is not an "officer" of the insolvent company under section 194(3) of the Trade Union and Labour Relations (Consolidation) Act 1992 (TULRCA).

    Filed under:
    United Kingdom, Compliance Management, Employment & Labor, Insolvency & Restructuring, Litigation, Dentons, Insolvency Act 1986 (UK), Trade Union and Labour Relations (Consolidation) Act 1992 (UK), UK Supreme Court
    Authors:
    Victoria Albon
    Location:
    United Kingdom
    Firm:
    Dentons
    Distressed Tenants and Landlords' Options
    2024-01-31

    First, the not-so-great news in figures:

    Filed under:
    United Kingdom, Insolvency & Restructuring, Real Estate, Reed Smith LLP, Liquidation
    Authors:
    Katherine A. Campbell
    Location:
    United Kingdom
    Firm:
    Reed Smith LLP
    Directors' Duties Under English Law — How to Lead in Difficult Times
    2022-07-01

    Elon Musk recently said he has a "super bad feeling" about the economy, pithily declaring what most financial commentators have been predicting in more technical terms.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Katten Muchin Rosenman LLP, Coronavirus, UK Supreme Court
    Authors:
    Sonya Van de Graaff , Prav Reddy , Mark Johnson
    Location:
    United Kingdom
    Firm:
    Katten Muchin Rosenman LLP
    UK Jurisdiction Taskforce Concludes Digital Assets Compatible With English Insolvency Law
    2024-04-29

    The Legal Statement applies areas of insolvency law to digital assets, providing valuable guidance on the approach English courts will take.

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, IT & Data Protection, Litigation, Latham & Watkins LLP, Cryptocurrency, Insolvency, Financial Conduct Authority (UK)
    Authors:
    Bruce Bell , Jessica Walker , Tim Bennett
    Location:
    United Kingdom
    Firm:
    Latham & Watkins LLP
    Administrators' legal tightrope: the UK Supreme Court rules on HR1 filing failures and criminal liability
    2023-11-10

    Background

    In R (on the application of Palmer) (Appellant) v. Northern Derbyshire Magistrates Court and another (Respondents), the Supreme Court held that an administrator appointed under the Insolvency Act 1986 (IA 1986) is not an "officer" of the insolvent company under section 194(3) of the Trade Union and Labour Relations (Consolidation) Act 1992 (TULRCA).

    Filed under:
    United Kingdom, Compliance Management, Employment & Labor, Insolvency & Restructuring, Litigation, Dentons, Insolvency Act 1986 (UK), Trade Union and Labour Relations (Consolidation) Act 1992 (UK), UK Supreme Court
    Authors:
    Victoria Albon
    Location:
    United Kingdom
    Firm:
    Dentons
    (UK) What practical changes can IPs expect from the proposed amendments to FCA guidance?
    2024-04-29

    The UK Financial Conduct Authority (FCA has issued a consultation about proposed changes to its Guidance for Insolvency Practitioners. The aim is to clarify existing guidance and provide more information to insolvency practitioners (IPs) on how to deal with regulated firms.

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, Squire Patton Boggs, Financial Conduct Authority (UK)
    Authors:
    Rachael Markham , John Alderton
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs
    Distressed Tenants and Landlords' Options
    2024-01-31

    First, the not-so-great news in figures:

    Filed under:
    United Kingdom, Insolvency & Restructuring, Real Estate, Reed Smith LLP, Liquidation
    Authors:
    Katherine A. Campbell
    Location:
    United Kingdom
    Firm:
    Reed Smith LLP
    Directors' Duties Under English Law — How to Lead in Difficult Times
    2022-07-01

    Elon Musk recently said he has a "super bad feeling" about the economy, pithily declaring what most financial commentators have been predicting in more technical terms.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Katten Muchin Rosenman LLP, Coronavirus, UK Supreme Court
    Authors:
    Sonya Van de Graaff , Prav Reddy , Mark Johnson
    Location:
    United Kingdom
    Firm:
    Katten Muchin Rosenman LLP
    Administrators' legal tightrope: the UK Supreme Court rules on HR1 filing failures and criminal liability
    2023-11-10

    Background

    In R (on the application of Palmer) (Appellant) v. Northern Derbyshire Magistrates Court and another (Respondents), the Supreme Court held that an administrator appointed under the Insolvency Act 1986 (IA 1986) is not an "officer" of the insolvent company under section 194(3) of the Trade Union and Labour Relations (Consolidation) Act 1992 (TULRCA).

    Filed under:
    United Kingdom, Compliance Management, Employment & Labor, Insolvency & Restructuring, Litigation, Dentons, Insolvency Act 1986 (UK), Trade Union and Labour Relations (Consolidation) Act 1992 (UK), UK Supreme Court
    Authors:
    Victoria Albon
    Location:
    United Kingdom
    Firm:
    Dentons
    Distressed Tenants and Landlords' Options
    2024-01-31

    First, the not-so-great news in figures:

    Filed under:
    United Kingdom, Insolvency & Restructuring, Real Estate, Reed Smith LLP, Liquidation
    Authors:
    Katherine A. Campbell
    Location:
    United Kingdom
    Firm:
    Reed Smith LLP

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