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Restructuring & Insolvency weekly: UK cases on s220 and s423 IA 1986, Scottish reforms, EU harmonisation, SIAC protocol, November insolvency statistics, requisitioned decisions practice note (19 December 2024)

Published on: 19 December 2024

Published by a LexisNexis Restructuring & Insolvency expert
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Restructuring & Insolvency weekly highlights—19 December 2024

In this issue:

  • Key R&I law developments
  • Corporate insolvency processes
  • Directors and insolvency
  • Insolvency litigation
  • Creditors’ participation
  • R&I in Scotland
  • International restructuring and insolvency
  • Daily and weekly news alerts
  • Key dates for restructuring and insolvency professionals
  • New Practice Note—Restructuring and insolvency Highlights 2024/2025

Key R&I law developments

Insolvency Service publishes monthly insolvency statistics for November 2024

The Insolvency Service has issued its November 2024 statistics for England and Wales, covering both corporate and individual cases. There were 1,966 corporate insolvencies—13% higher than October 2024, yet 12% down on November 2023. Individual insolvencies reached 10,012, a 12% rise from October 2024 and 25% above November 2023. See: LNB News 17/12/2024 35.

Corporate insolvency processes

What comprises an ‘unregistered company’ under section 220(1) of the Insolvency Act 1986? (East Riding of Yorkshire Council v KMG)

KMG (the Fund) is an investment fund established in Luxembourg and regulated by Luxembourg law. The Fund provides opportunities to invest via dedicated sub-funds...

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