https://s1-uk.practicallaw.thomsonreuters.com/WLN-PLCUK-SC_2607.1.1013/productViews/plcuk/Legal updateshttps://uk.practicallaw.thomsonreuters.comRestructuring & Insolvencyhttps://uk.practicallaw.thomsonreuters.com/Document/If2839794813711f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/If2839794813711f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 21 Jul 2026 00:00:00 CDTOn 15 July 2026, the Senior Courts (Transfer, Amendment and Consequential Provision) Order 2026 (SI 2026/723) and Civil Procedure (Amendment No. 2) Rules 2026 (SI 2026/817) were laid before Parliament. Most changes take effect on 1 October 2026.https://uk.practicallaw.thomsonreuters.com/Document/If2839794813711f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I422ef9867ea611f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I422ef9867ea611f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 14 Jul 2026 00:00:00 CDTIn HSBC UK Bank plc v Ethical Power Connections Ltd [2026] EWHC 1695 (Ch), the High Court has held that, when making an administration order in relation to a company in liquidation, the court can validate transactions made after presentation of the winding-up petition under paragraph 37(3)(c) of Schedule B1 to the Insolvency Act 1986. This route stands as an alternative to validation applications made under section 127 of the Insolvency Act 1986.https://uk.practicallaw.thomsonreuters.com/Document/I422ef9867ea611f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I52185e3a7c6311f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I52185e3a7c6311f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 13 Jul 2026 00:00:00 CDTWe have published Standard document, Deed of undertaking (insolvent scheme of arrangement or Part 26A restructuring plan) together with a set of new Glossary terms covering aspects of the scheme of arrangement and Part 26A restructuring plan processes.https://uk.practicallaw.thomsonreuters.com/Document/I52185e3a7c6311f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Icde7fb837b8a11f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Icde7fb837b8a11f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 10 Jul 2026 00:00:00 CDTIn Re Cross Transport Ltd (In Administration) [2026] EWHC 1636 (Ch), the High Court considered whether company administrators could enter into litigation funding agreements which required payment to the funders ahead of Part A1 moratorium creditors, even though the moratorium creditors had "super-priority" over other creditors in a subsequent administration under paragraph 64A of Schedule B1 to the Insolvency Act 1986.https://uk.practicallaw.thomsonreuters.com/Document/Icde7fb837b8a11f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5cf2c4ad7a1911f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5cf2c4ad7a1911f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 09 Jul 2026 00:00:00 CDTWe have published Practice note, Serving insolvency documents out of the jurisdiction: overview.https://uk.practicallaw.thomsonreuters.com/Document/I5cf2c4ad7a1911f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I258bea84747411f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I258bea84747411f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 30 Jun 2026 00:00:00 CDTPractical Law provides free training on how to use Practical Law more effectively. This is available in a variety of formats, including live webinars and training videos.https://uk.practicallaw.thomsonreuters.com/Document/I258bea84747411f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ifdd5e93d73c511f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ifdd5e93d73c511f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 30 Jun 2026 00:00:00 CDTWe have published Practice note, Company dissolution and restoration: common issues.https://uk.practicallaw.thomsonreuters.com/Document/Ifdd5e93d73c511f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id56f759b739c11f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id56f759b739c11f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 29 Jun 2026 00:00:00 CDTWe have published an article highlighting what's on the agenda for in-house lawyers in July 2026.https://uk.practicallaw.thomsonreuters.com/Document/Id56f759b739c11f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I616e9f8f6be411f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I616e9f8f6be411f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 22 Jun 2026 00:00:00 CDTWe have published updated notices of appointment to reflect the amendments to the Insolvency (England and Wales) Rules 2016 (SI 2016/1024) (IR 2016) introduced by the Insolvency (England and Wales) (Amendment) Rules 2026 (SI 2026/561), which come into force on 22 June 2026.https://uk.practicallaw.thomsonreuters.com/Document/I616e9f8f6be411f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ice86e08b671311f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ice86e08b671311f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 15 Jun 2026 00:00:00 CDTWe have published an article on how to manage BAU and unplanned work in an in-house legal department.https://uk.practicallaw.thomsonreuters.com/Document/Ice86e08b671311f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie9ab7c4a659411f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie9ab7c4a659411f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 12 Jun 2026 00:00:00 CDTWe have a new practice note that provides a guide on the law and procedure for claims made under section 423 of the Insolvency Act 1986.https://uk.practicallaw.thomsonreuters.com/Document/Ie9ab7c4a659411f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I23bca0f75f4211f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I23bca0f75f4211f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 04 Jun 2026 00:00:00 CDTOn 2 June 2026, the judiciary published a joint announcement from the Lady Chief Justice and the Lord Chancellor confirming the establishment of a new Business and Property Division of the High Court. Under the plans, the new division will replace the Chancery Division and stand alongside the King's Bench and Family Divisions.https://uk.practicallaw.thomsonreuters.com/Document/I23bca0f75f4211f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I635155c95dc511f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I635155c95dc511f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 02 Jun 2026 00:00:00 CDTIn Cohen and another v Co-Operative Group Ltd and others [2026] EWHC 1228 (Ch), the High Court rejected the liquidators' application for relief under section 238 of the Insolvency Act 1986 on the basis that withdrawal of share capital from a registered society is not a transaction at an undervalue, because it is supported by consideration in the form of the original subscription for the shares.https://uk.practicallaw.thomsonreuters.com/Document/I635155c95dc511f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I56dea20c5da211f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I56dea20c5da211f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 01 Jun 2026 00:00:00 CDTThe Insolvency (England and Wales) (Amendment) Rules 2026 (SI 2026/561) are due to come into force on 22 June 2026 and will make certain minor amendments to the Insolvency (England and Wales) Rules 2016 (SI 2016/1024) (IR 2016). The amendments are intended to make the IR 2016 clearer, more user-friendly and aligned with modern working practices.https://uk.practicallaw.thomsonreuters.com/Document/I56dea20c5da211f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I7b340c425ab311f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I7b340c425ab311f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 29 May 2026 00:00:00 CDTIn Cork and another v Smith [2026] EWHC 1199 (Ch), the court publicly admonished a law firm and two of its supervising solicitors after two letters which contained misleading AI-generated material, including hallucinated statutory text, were submitted to the court in connection with an insolvency application. Having applied the guidance in R (Ayinde) v Haringey LBC [2025] EWHC 1383 (Admin), the judge concluded that public admonishment in his judgment, together with the firm's self-referral to the SRA, was an appropriate response.https://uk.practicallaw.thomsonreuters.com/Document/I7b340c425ab311f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id4ae0d755b2c11f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id4ae0d755b2c11f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 29 May 2026 00:00:00 CDTWe have published Practice note, Individual insolvency proceedings: bankruptcy: public examinationshttps://uk.practicallaw.thomsonreuters.com/Document/Id4ae0d755b2c11f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I56cd5e505a7c11f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I56cd5e505a7c11f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 29 May 2026 00:00:00 CDTPractical Law provides free training on how to use Practical Law more effectively. This is available in a variety of formats, including live webinars and training videos.https://uk.practicallaw.thomsonreuters.com/Document/I56cd5e505a7c11f18ebba5f5b5f97226/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I68128f2557ec11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I68128f2557ec11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 26 May 2026 00:00:00 CDTWe have published an article highlighting what's on the agenda for in-house lawyers in June 2026.https://uk.practicallaw.thomsonreuters.com/Document/I68128f2557ec11f1a83fe84dcd0bf6af/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I05a0d96c4f8811f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I05a0d96c4f8811f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 14 May 2026 00:00:00 CDTWe have published the following queries this week.https://uk.practicallaw.thomsonreuters.com/Document/I05a0d96c4f8811f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I781a34394ee011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I781a34394ee011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 13 May 2026 00:00:00 CDTIn Segulah Medical Acceleration AB v Signifier Medical Technologies Ltd [2026] EWHC 313 (Ch), the High Court clarified the test for standing of a purported creditor of a company to apply for an administration order in respect of the company. It determined the meaning of the requirement that an applicant with a disputed debt must have a "good arguable case" that they are owed debt of a sufficient amount.https://uk.practicallaw.thomsonreuters.com/Document/I781a34394ee011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iac218e4b4a0011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iac218e4b4a0011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 07 May 2026 00:00:00 CDTWe have published Is the borrower entitled to marketing documents produced by a receiver appointed over its asset?https://uk.practicallaw.thomsonreuters.com/Document/Iac218e4b4a0011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I6095e4f5496011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I6095e4f5496011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 07 May 2026 00:00:00 CDTIn Re Waldorf Production UK Plc [2026] EWHC 1014 (Ch), the High Court sanctioned a restructuring plan under Part 26A of the Companies Act 2006 and exercised the cross-class cram-down power against HMRC. The court rejected HMRC's objections that the court had no jurisdiction to cram it down and that the buyer's intended use of the group's tax losses rendered the plan unfair.https://uk.practicallaw.thomsonreuters.com/Document/I6095e4f5496011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I542b14a0440111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I542b14a0440111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Apr 2026 00:00:00 CDTPractical Law provides free training on how to use Practical Law more effectively. This is available in a variety of formats, including live webinars and training videos.https://uk.practicallaw.thomsonreuters.com/Document/I542b14a0440111f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id23ed1ef3fec11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id23ed1ef3fec11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Apr 2026 00:00:00 CDTIn Ellard and others v Alliance Transport Technologies Ltd [2025] EAT 169, the EAT upheld claims for protective awards brought by three employees who had been dismissed when administrators were appointed by their employer.https://uk.practicallaw.thomsonreuters.com/Document/Id23ed1ef3fec11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia10bfc1a417d11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia10bfc1a417d11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 27 Apr 2026 00:00:00 CDTWe have published an article highlighting what's on the agenda for in-house lawyers in May 2026.https://uk.practicallaw.thomsonreuters.com/Document/Ia10bfc1a417d11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5e87b83d3b0611f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5e87b83d3b0611f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 20 Apr 2026 00:00:00 CDTWe have published an article on how to develop yourself and your team for in-house success and recognition.https://uk.practicallaw.thomsonreuters.com/Document/I5e87b83d3b0611f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I626de2a0375d11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I626de2a0375d11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 15 Apr 2026 00:00:00 CDTWe have published Practice note, Part 26A restructuring plans: overview.https://uk.practicallaw.thomsonreuters.com/Document/I626de2a0375d11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I626de29e375d11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I626de29e375d11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 14 Apr 2026 00:00:00 CDTOn 14 April 2026, the Chancellor of the High Court issued an updated Rolls Building Practice Note regarding the submission of costs information for summary assessments. The Practice Note supersedes the previous practice note published on 13 March 2026 and comes into force on 14 April 2026.https://uk.practicallaw.thomsonreuters.com/Document/I626de29e375d11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia0a27766342211f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia0a27766342211f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 09 Apr 2026 00:00:00 CDTWe have published these Ask queries this week.https://uk.practicallaw.thomsonreuters.com/Document/Ia0a27766342211f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I102af5a02dac11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I102af5a02dac11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 01 Apr 2026 00:00:00 CDTOn 31 March 2026, the Judiciary published an announcement outlining court operating hours and arrangements over the Easter period.https://uk.practicallaw.thomsonreuters.com/Document/I102af5a02dac11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29