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Following the announcement of the first special administration regime for energy suppliers, we take a look at energy supplier insolvencies...
From the Budget to our new Diversity & Inclusion project launch to pre-packs, March was a busy month for R3's PPP team...
We look at the new regulations on connected party pre-pack sales, and the new role of the Evaluator...
A round-up of everything R3's Press, Policy, and Public Affairs team had on their plates in February...
On May 15th, for the first time, the Insolvency Service (IS) released monthly figures for corporate and personal insolvencies (NB: corporate: England & Wales, Scotland; personal: England & Wales). The IS said that it was publishing on a monthly (rather than quarterly, as previously) basis “to provide more up to date information on the numbers of companies and individuals who are unable to pay debts and enter a formal insolvency procedure as the coronavirus (COVID 19) pandemic continues”.
An explanation of the draft protocol on the 'light-touch' administration process...
R3 members can provide advice on a range of business and personal finance issues. To find an R3 member who can help you, click below.
R3 — RESCUE RECOVERY RENEWAL
R3 is the trade association for the entire community of the UK's insolvency and restructuring professionals, whatever the size of their practice, their experience or their specialism. Our members promote economic regeneration, resolve financial distress for businesses and individuals, save jobs, and create the confidence and public trust which underpin trading, lending and investment.