corporate recovery

Restructuring and Corporate Recovery in the UK

A Practical Guide to Restructuring and Corporate Recovery in the UK

Perhaps surprisingly, considering the country’s business sector forced into lockdown situations and taking the Government’s hand of financial support, the number of insolvencies to date has remained lower than expected. That’s not to say we won’t see more insolvencies over the coming months as the financial support ends and the companies that were in trouble …

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corporate recovery

What Happens When a Corporation is Unable to Pay its Debts?

Predominantly due to the impact of the Covid-19 pandemic, Creditors’ Voluntary Liquidations (CVLs) are on the up. In August 2021, there were a total of 1,446 corporate insolvencies across the UK, most of which were CVLs; the fourth month in a row above 1,000 and a return to pre-pandemic levels. What was also evident in …

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