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

England and Wales restructuring and insolvency: petition service; provisional liquidators; administrators’ court blessings; IVA stats; director disqualification and BBL fraud; litigation highlights; digital assets interoperability; CJC AI consultation

Published on: 05 March 2026

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

In this issue:

  • Corporate insolvency processes
  • Personal insolvency
  • Directors and insolvency
  • Insolvency litigation
  • Financial institutions
  • Daily and weekly news alerts
  • Key dates for restructuring and insolvency professionals
  • New content

Corporate insolvency processes

Addressing the issue—winding-up petitions and default registered offices (DG Resources Ltd v HMRC)

The High Court confirmed that serving a winding-up petition on a company using a Companies House default registered office—allocated under the Registered Office Address (Rectification of register) Regulations 2024—will not amount to valid service unless the process in paragraph 2 of Schedule 4 to the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024, is followed precisely. Here, HMRC’s petition was not properly served in line with IR 2016. Although the underlying debt was not contested, the petition was struck out. The ruling clarifies how petitions must be served where a Companies House default address is in place and underscores the need for exact adherence to the IR 2016 service requirements. See News Analysis: Addressing the issue—winding-up petitions and default registered offices (DG Resources Ltd v HMRC), by Amy Halliday (associate) and Luke Bergin (trainee solicitor)...

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