A review of the big news stories in insolvency and restructuring over the past year, from R3's Press, Policy, and Public Affairs team... 

Crown Preference is once more the law of the land, as of 1 December 2020. Our post looks at the potential negative consequences for business rescue...

The Government's recent pre-pack reforms could help to improve confidence in pre-packs, but there are two key issues with the draft regulations which risk undermining this. A summary of our response to the reforms can be read here.

From pre-packs to late payment, there was a lot on the agenda for R3's Press, Policy and Public Affairs team in October...

The Government’s recently-announced consultation, “Increasing the scope and powers of the Small Business Commissioner”, is seeking responses on how the powers of the Small Business Commissioner can be expanded in order to deal more effectively with late payment.

A brief overview of the new business rescue procedures introduced by the Corporate Insolvency and Governance Act, and the existing corporate insolvency landscape...

R3 was mentioned numerous times during the passage of the Corporate Insolvency and Governance Act and the Finance Act. Watch our video on R3's campaign against Crown Preference to see these mentions in action.

We outline R3's concerns around proposals contained in Ofgem's Supplier Licensing Review consultation, which closed on 20 August...

Wednesday 22nd July saw the Royal Assent of the Finance Bill 2019-21, which will mean that from 1st December 2020 HMRC will become a secondary preferential creditor in insolvencies, a move that R3, and the UK insolvency and restructuring profession, believe will damage the UK’s carefully cultivated business rescue culture...

R3 surveyed our members in early to mid May, to find out how the profession was finding levels of demand for its services, on both the personal and the corporate insolvency fronts...