Re Rational Foreign Exchange Limited [2025] EWHC 1958 (Ch)
SPECIAL ADMINISTRATION – PSAR DISTRIBUTION PLAN ALONGSIDE DIRECTIONS On 28 July 2025, Mr Justice Mellor handed down judgment approving a distribution plan in the special administration of Rational Foreign Exchange Limited (the Firm), sanctioning the joint special administrators’ proposed plan to return safeguarded funds to customers of the Firm. Alongside the distribution plan, the joint […]
An insolvency office-holder’s guide to fraud and asset recovery claims
Zachary Kell has been featured on LexisNexis for his practice note ‘An insolvency office-holder’s guide to fraud and asset recovery claims’. The full article is available via LexisNexis here. (subscription required)
Re Ziglu – special administration and choice of administrators
On 7 July 2025, ICC Judge Agnello KC made a special administration order in respect of an e-money institution (Ziglu Ltd) pursuant to the Payment and Electronic Money Institution Insolvency Regulations 2021 (Regulations) and appointed David Shambrook and Damian Webb of RSM UK Restructuring Advisory LLP as administrators (RSM). A key policy behind the Regulations […]
To Release or Not to Release: Recent Trends in Restructuring Releases from Thames Water and the Americas
Matthew Weaver KC and Andrew Brown recently featured in LexisNexis Corporate Rescue and Insolvency Journal for their article ‘To Release or Not to Release: Recent Trends in Restructuring Releases from Thames Water and the Americas’. In this article Matthew and Andrew cover the recent appeals regarding the restructurings of both Thames Water in the United […]
Restructuring & Insolvency Conference 2025 – 19th November 2025
Mark your diaries for our Restructuring & Insolvency Conference 2025 on Wednesday, 19 November 2025. This half day conference will feature leading practitioners discussing the latest developments and challenges in Restructuring & Insolvency to include: Cross Border Recognition Common Pitfalls in Bankruptcy Hearings Special Administrations Restructuring Plans Insolvent Estates Early bird tickets are now available with […]
Servis-Terminal v. Drelle: a dissenting view
Josh Lewison has recently featured in Corporate Rescue and Insolvency for his article on The Court of Appeal refusing permission to appeal in Servis-Terminal v. Drelle. In this article Josh explores the potential implications of the decision and the issues it raises for cross-border insolvency practice. Read the full article here.
Outsideclinic Limited [2025] EWHC 875 (Ch)
On Friday 11 April 2025, Mr Justice Adam Johnson handed down his written reasons for having sanctioned a restructuring plan advanced by OutsideClinic Limited, a leading provider of in-home audiology and optometry services. The plan had been sanctioned at a hearing on 28 March 2025. The judgment addresses two important points for those considering using […]
Re OutsideClinic – Sanction of a Restructuring Plan
On 28 March 2025, Mr Justice Adam Johnson sanctioned a restructuring plan relating to OutsideClinic Limited, the UK’s leading provider of home visit eye and hearing care services. The Plan raised interesting questions about the treatment of HMRC, resulting in HMRC appearing in court for a second time – under its new policy to appear […]
Mr James Main v SpaDental Ltd and Timothy Alexander Close
Jamie Cockfield, instructed by Katie Farmer at Trowers & Hamlins LLP, was successful for the trustee in bankruptcy in the Employment Appeals Tribunal. The appeal turned on whether a bankrupt dentist’s claim for holiday pay under the Working Time Regulations 1998, brought in respect of a period of working from March 2013 until February 2019, […]
Contract Natural Gas Ltd v Zog Energy Ltd [2025] EWHC 86 (Ch)
Andrew Brown, instructed by Fraser Ritson and Aziz Abdul of Addleshaw Goddard, successfully represented the liquidators of Contract Natural Gas Limited, Joshua Dwyer and Will Wright of Interpath, in the recent High Court decision of Contract Natural Gas (in liquidation) v Zog Energy Limited (in liquidation) EWHC 86 (Ch) in which Andrew Twigger KC, sitting […]
