Over the last two years, BEIS has issued a number of consultations either focussed on, or touching upon, corporate governance issues in insolvency or the broader insolvency framework. BEIS has now published its formal response to these consultations (the “Response”) and, although many of the key areas are subject toRead the full article →
2018 has been described as “the year of the CVA”, especially in the retail and casual dining sectors. Although company voluntary arrangements can be a useful tool to compromise portfolios of leasehold obligations, there are certain situations where a CVA may be unsuitable. 1. When a full operational and/or financialRead the full article →
In Debtwire Europe’s latest podcast, Weil restructuring partner Andrew Wilkinson discusses Carillion’s filing for compulsory liquidation, the weaknesses it and recent cases, including Maplin and Toys R US UK, expose in the UK’s rescue regime, and some solutions going forward. This content is re-published with the permission of Debtwire Europe.
Weil’s London Business Finance and Restructuring team is excited to bring you our “What will 2018 hold?” bulletin, an overview of the legal and market outlook for the restructuring and insolvency market this year.
Weil have acted for Mike Pink, Richard Heis and Ed Boyle of KPMG as special administrators of MFGUK in connection with a CVA proposal to its remaining ordinary creditors, which will facilitate the winding-up of the estate for the benefit of the creditors.