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United Kingdom

UK restructuring and insolvency update: INSSight rollout; scheme recognition (Re Standard Profil); just and equitable winding up; s423 SoftBank claim dismissed; Argentex administrators' expenses; Scotland CFT change; Companies House reforms

Published on: 16 October 2025

Published by a LexisNexis Restructuring & Insolvency expert
Legal News
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Article summary

In this issue:

  • Key R&I developments
  • Corporate insolvency
  • Restructuring
  • Directors and insolvency
  • Insolvency litigation
  • Financial institutions
  • R&I in Scotland
  • Daily and weekly news alerts
  • Corporate Rescue and Insolvency (October 2025)
  • Key dates for restructuring and insolvency professionals
  • New content

Key R&I developments

Insolvency Service announces update on INSSight system rollout

The Insolvency Service confirms that deployment of its new internal case management platform, INSSight, will start in late October 2025 and continue into early November 2025. INSSight will support Official Receiver Services and Estate Accounts, including banking activities, and will run alongside the existing ISCIS Online service, which will remain available during transition. While the rollout is underway, users may face delays processing cheque or BACS payment requests, posting receipts to the Insolvency Service Account (ISA), and undertaking bulk case transfers. The Individual Insolvency Register will stay accessible, although there will be a short pause on registering new Individual Voluntary Arrangements (IVAs) and on making bankruptcy orders. Debt Relief Orders will not be affected, and the Director Conduct Reporting System will continue to operate. However, access to information for creditor nominations for routine Insolvency Practitioner appointments and for case handovers...

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