In the UK, some commentators sounded the death knell to the restructuring plan, suggesting that the process would become overly challenging and complex post Adler, Petrofac and Thames Water, highlighting the current landscape as an inflection point that may take restructuring plans out of the reach of companies that would benefit from them the most.
Continue Reading Navigating The Allocation of Plan Benefits and Stakeholder Contributions in UK Part 26A Restructuring Plans

The Competition and Markets Authority (CMA) has increased its focus on how businesses compete for talent, as discussed in our recent GT Alert, “Talent Wars: How Competition Laws Apply to UK Recruitment.”
Continue Reading UK Government Working Paper: Options to Reform Noncompete Clauses in Employment Contracts

In October’s GT Alert on non-bank lending, we focussed on whether there was a justification in banks being subject to regulatory capital requirements when non-bank

Continue Reading Non-Bank Lending in the Spotlight – Does the System of Calculating Regulatory Capital Require Revisiting?