Powered by Lexis+®
Jurisdiction(s):
United Kingdom

UK restructuring and insolvency update-Re Waldorf cram down, Iguanas plan convening, Cohen, Ofwat SIPR special administration, Scotland CVA challenge, Insolvency Service enforcement, consultations and key dates-28 May 2026

Published on: 28 May 2026

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

Restructuring & Insolvency weekly highlights-28 May 2026

In this issue

  • Key R&I law developments
  • Restructuring
  • Personal insolvency
  • Insolvency litigation
  • R&I in Scotland
  • Daily and weekly news alerts
  • Key dates for restructuring and insolvency professionals
  • New content

Key R&I law developments

Issue 170 of Insolvency Service’s Dear IP published

The Insolvency Service has released issue 170 of its Dear IP newsletter. Highlights include revisions to the IP Complaints Gateway guidance, a consultation on proposed changes to Statement of Insolvency Practice (SIP) 2, and advice on safeguarding employee and consumer creditor data when lodging statements of affairs at Companies House. It confirms the UK Sanctions List is now the sole authoritative source for UK sanctions designations. The issue also sets out direction on using approved spreadsheet templates for submissions to the Insolvency Service, outlines proposals within the Government’s Corporate Civil Enforcement Reforms Consultation, and briefs insolvency practitioners on procedures for handling businesses operating from Facility Security Clearance sites. See: LNB News 27/05/2026 14.

Insolvency Service publishes April 2026 enforcement outcomes management information

The Insolvency Service has updated its enforcement outcomes management information for April 2026...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow