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2023 UK restructuring and insolvency calendar: legislative and regulatory milestones, consultations, and key court hearings

Practice notes
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ARCHIVED: This Practice Note is archived and no longer maintained.

For further details, please refer to 2024: Key dates for restructuring and insolvency professionals [Archived]. Last updated: 20 September 2023

January 2023

Date Event

  • 31 January 2023: The six-month transition beginning on 1 August 2022 for overseas entities to secure registration concludes. Restrictions recorded on the title registers for qualifying estates owned by overseas entities take effect. See Practice Note: The register of overseas entities and its impact on loan transactions (Economic Crime (Transparency and Enforcement) Act 2022).

February 2023

Date Event

  • 6 February 2023: Second Reading of the Retained EU Law (Revocation and Reform) Bill in the House of Lords. See: LNB News 26/01/2023 34 and LNB News 30/01/2023 71 and News Analysis: Retained EU Law (Revocation and Reform) Bill-impact for restructuring and insolvency.
  • 6 February 2023: The Bankruptcy and Debt Arrangement Scheme (Miscellaneous Amendment) Regulations 2023 come into force in Scotland, including the removal of any minimum debt threshold for access to Minimal Asset Process Bankruptcy. See: LNB News 06/02/2023 66.
  • 23 February 2023: Retained EU Law (Revocation and Reform) Bill-Committee Stage (Day 1) in the House of Lords. See: LNB News 26/01/2023 34 and LNB...
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