United Kingdom: Insolvency/Bankruptcy/Re-Structuring

The English High Court's decision in Re Esken Ltd confirms that Guernsey-incorporated companies with their centre of main interests in England can seamlessly transition from administration...

Private capital markets have transformed substantially over the past decade. Private credit has established itself as a mainstream asset class, sponsor-backed mid-market buyouts have grown increasingly sophisticated...

The High Court sanctioned a contested restructuring plan in Re Waldorf Production UK plc, cramming down HMRC as a dissenting creditor and facilitating a $205 million sale to Harbour Energy.

Before serving notice, businesses must establish a valid right to terminate, comply with the contractual notice procedure, and consider whether insolvency, statutory restrictions or common law principles affect...

A UK court case reveals how a junior lawyer at a prestigious international law firm relied entirely on AI for legal research, resulting in hallucinated case citations and fabricated statutory provisions being submitted to the court. The incident prompted judicial scrutiny and raises critical questions about the proper role of artificial intelligence in legal practice and the enduring importance of traditional research skills.

The English High Court's decision in Re Esken Ltd confirms that Guernsey-incorporated companies with their centre of main interests in England can seamlessly transition from administration...