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The Nottingham Building Society has appointed Anthony Murphy as its chief financial officer, who brings “a broad range of experience, both domestically and internationally”. Murphy will join the mutual in March, subject to regulatory approval, replacing Paul Astruc, who has served as chief financial officer and as a
At some point in 2023 businesses affected by a difficult economic environment may have to restructure and others may need to enter a formal process. Companies may need to consider liquidations administrations and company voluntary arrangements or restructuring plans this year.
The UK Part 26A restructuring plan was introduced in the UK over two years ago. It draws upon features of the well-tested scheme of arrangement, a court supervised procedure under Part...
On 22 July 2022, the English High Court sanctioned Houst Limited’s (“Houst” or the “Company”) restructuring plan (the “Restructuring Plan”), which significantly, is the first time a...
A review of recent restructuring and insolvency activity in United Kingdom (England & Wales), including key legal developments and significant transactions.