RECOVERY is the leading quarterly magazine for professionals working within insolvency and business recovery in the UK. RECOVERY is distributed to R3 members as part of their exclusive membership benefits package. Are you up to date with the latest developments to affect the profession? Do you have an idea or an insight that you’re burning to share with thousands of other professionals? If so, we would like to hear from you. If you have an idea for an article that you feel may be of interest to the RECOVERY readership, please contact us by sending a short summary of your suggestion or proposal to Matt Jukes, [email protected] or call 020 7841 5960.
Let me start by congratulating R3’s new incoming president, Tim Cooper, on his appointment and his first Recovery column, and thank you to our outgoing president and Recovery editorial board member, Nicky Fisher, for all her efforts over the past 12 months.
Not a month goes by now without a decision involving a restructuring plan and we now have our first Court of Appeal decision in Adler. Charlotte Møller and Rebecca Terrace at Squire Patton Boggs and Georgia M. Quenby at Fladgate LLP give their perspectives.
The press has extensively covered the financial position of local councils and their ‘bankruptcy’. John Cullen at Menzies looks at the challenges of advising in this sector.
We will all have heard about the terrible miscarriages of justice perpetrated against Post Office sub-postmasters and the steps that have been taken to quash convictions, but what about the various bankruptcy orders that have been made? Jennifer Lockhart at Brabners looks at the current position.
Ben Luxford at R3 looks at the ‘death of the creditor’ and how provisions that were introduced to cut costs and increase creditor engagement are not working, but how the industry and AI can change this.
Georgia Morris at Gowling WLG and Stephen Rome at Penningtons Manches Cooper look at a recent decision demonstrating the tension between insolvency and family law.
Margaret Corbally at Grant Thornton tells us what we need to know about the construction industry scheme. Also on the subject of tax, Marcus Rea at Teneo looks at tax legislation challenges for IPs where director loans are outstanding on insolvency processes.
Guy Enright and Cecile Looseley at the Financial Services Compensation Scheme explain how IPs can help them ensure that financial compensation is made to those who are entitled to it, particularly in circumstances against which the compensation scheme was designed to protect.
Finally, Doug Robertson at Irwin Mitchell looks at issues that remain unresolved following the Avanti decision last year on fixed and floating charge security.
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