In BTI 2014 LLC v. Sequana S.A. [2022] UKSC 25 (Sequana) the UK’s highest court, the Supreme Court (the Court), has considered for the first
Continue Reading UK Supreme Court Confirms Existence of Directors’ Duties to Creditors
Legal Advisers for a Changing World
In BTI 2014 LLC v. Sequana S.A. [2022] UKSC 25 (Sequana) the UK’s highest court, the Supreme Court (the Court), has considered for the first…
Continue Reading UK Supreme Court Confirms Existence of Directors’ Duties to CreditorsThe United Kingdom and United States announced in a joint statement on 17 October a new strategy to cooperate and collaborate further on economic sanctions…
Continue Reading UK and U.S. Announce ‘Enhanced Partnership’ on Economic Sanctions Implementation, EnforcementOn 15 August 2022, Deputy Master Arkush handed down judgment in the case of Oceanfill Limited v Nuffield Health Wellbeing Limited and Cannons Group Limited…
Continue Reading Tenant Restructuring Plan Does Not Relieve Third-Party Guarantor of Payment Obligation, English Court RulesOn 30 March 2022 the English High Court sanctioned a restructuring plan proposed by Smile Telecoms Holdings Limited pursuant to Part 26A of the Companies…
Continue Reading Smile Telecoms Restructuring Plan Sanctioned by Lord Justice Snowden – A Number of Restructuring Plan ‘Firsts’ Established
The Appointed Representatives Regime (ARR), a well-known and important feature of the UK regulatory landscape, enables certain businesses – Appointed Representatives (ARs) – to conduct…
Continue Reading Principals in the Spotlight as UK’s FCA Consults on Changes to Appointed Representatives Regime
On May 20, 2021, the “root and branch” review of Great Britain’s railway industry was published in the form of a white paper.
The…
Continue Reading UK Rail Review – Williams-Shapps Plan for Rail
The UK National Security and Investment Act 2021 (Act) was given Royal Assent on 29 April 2021. When it comes into force later…
Continue Reading UK National Security and Investment Act: Comprehensive and Rigorous Control Over Acquisitions of Businesses and Assets
On 3 March 2021, the UK Government published the results of the UK Listing Review, a wide-ranging analysis of the state of the UK’s public…
Continue Reading UK Listing Review Recommends Significant Changes to UK Listing Rules, Including for SPACs, Dual Class Share Structures and Free Float Thresholds
In late June 2020, the UK’s Corporate Insolvency and Governance Act (the Act) became law. While the Act was passed in response to the Coronavirus…
Continue Reading Real Estate Debt and the UK Corporate Insolvency and Governance Act 2020 – The Moratorium
The Corporate Insolvency and Governance Act (CIGA) came into force on 26 June 2020, introducing a number of permanent and temporary changes to the UK’s