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

UK restructuring and insolvency round-up: key judgments (s 238; HMRC s 85), sanctions licences, ERA 2025, PACCAR reversal and practice updates—8 January 2026

Published on: 08 January 2026

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

In this issue:

  • Key R&I law developments
  • Corporate insolvency processes
  • Personal insolvency
  • Restructuring
  • Directors and insolvency
  • Insolvency litigation
  • Employees and insolvency
  • Tax and insolvency
  • Financial institutions
  • R&I in Scotland
  • Daily and weekly news alerts
  • Key dates for restructuring and insolvency professionals

Key R&I law developments

Execution of multi-party deeds

Macdonald Hotels v Bank of Scotland [2025] EWHC 32 (Comm) unsettled financiers and their advisers earlier in 2025, at the time, causing notable concern across the market. The judge’s obiter remarks indicated that, to satisfy the ‘face value’ criterion for a deed, every party must state within the document that it is intended as a deed, rather than only those signing in deed form. In response, the City of London Law Society produced guidance setting out its view of the comments and practical steps to comply with the face value test. This News Analysis reviews the present position. See News Analysis: Execution of multi-party deeds.

Insolvency Service publishes monthly insolvency statistics for November 2025

Insolvency statistics for November 2025, covering corporate and personal insolvencies in England and Wales, have been released by the Insolvency Service...

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