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UK restructuring and insolvency: weekly highlights 23 May 2024—insolvency stats, ECCTA registrar disclosures, admin extension ruling, BBL enforcement, s423 tax avoidance decision, Solvency II reforms, Scotland disqualifications

Published on: 23 May 2024

Published by a LexisNexis Restructuring & Insolvency expert
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In this issue

  • Key R&I law developments
  • Corporate insolvency processes
  • Directors and insolvency
  • Insolvency litigation
  • Property insolvency
  • The office-holder
  • Insurance and insolvency
  • R&I in Scotland
  • Daily and weekly news alerts
  • New content

Key R&I law developments

Insolvency Service publishes monthly insolvency statistics for April 2024

The Insolvency Service has released its April 2024 monthly statistics covering corporate and personal insolvencies. There were 2,177 registered company insolvencies—18% above April 2023—surpassing levels seen during the coronavirus (COVID-19) pandemic and those recorded from 2014 to 2019. For individuals, total insolvencies in April 2024 were 9,651, a 5% increase on April 2023. See: LNB News 17/05/2024 60.

Information Sharing (Disclosure by the Registrar) Regulations 2024 SI 2024/Draft

These draft Regulations are laid to permit the registrar to disclose information to specified persons to support specified purposes linked to insolvency and/or bankruptcy proceedings. They take effect the day after they are made...

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