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TURNAROUND, RESTRUCTURING & INSOLVENCY NEWS

New Look wins High Court CVA challenge

New Look wins High Court CVA challenge

14 May 2021Lauren Tavener
The High Court has ruled against landlords challenging New Look’s company voluntary arrangement (CVA), which proposes to switch to turnover-based rent
The Insolvency Service welcomes new chair and board members

The Insolvency Service welcomes new chair and board members

07 May 2021Sabuhi Gard
A new chair and three new non-executive board members have been appointed to the Insolvency Service Board, providing strategic leadership to the agency
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Most recent in TRI

Most recent in TRI

Personal insolvencies spike 60%

Personal insolvencies spike 60%

20 Apr 2021
Personal insolvencies in England and Wales increased by just over 60% in March compared to February’s figure, latest insolvency statistics show
KPMG to sell its UK restructuring practice

KPMG to sell its UK restructuring practice

04 Mar 2021
KPMG has confirmed that it has signed an unconditional agreement to sell its UK restructuring practice to Interpath Advisory
Insolvency Service releases IVA termination rates for 2020

Insolvency Service releases IVA termination rates for 2020

01 Mar 2021
New figures from the Insolvency Service show that early termination rates of IVAs have dropped 11% in the past year, while total IVAs have risen by almost 20,000 since 2018
Government urged to plug Arcadia’s pension deficit  

Government urged to plug Arcadia’s pension deficit  

05 Feb 2021
Former ministers are calling for the government to intervene in Arcadia’s pension deficit, after Deloitte secured a £330m rescue deal for the retail group
Winners revealed for the TRI Awards 2020

Winners revealed for the TRI Awards 2020

10 Dec 2020
Last night the winners of the Turnaround, Restructuring and Insolvency (TRI) Awards 2020 were revealed in an interactive digital broadcast, sponsored by CAPA

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Amigo creditors vote in favour of redress scheme

Amigo creditors vote in favour of redress scheme

14 May 2021Lauren Tavener
Some 95% of creditors, representing over £230m, voted in favour of the redress scheme, Amigo has announced
Debt advice charities welcome DRO changes

Debt advice charities welcome DRO changes

14 May 2021Sabuhi Gard
StepChange and the Money Advice Trust have welcomed confirmation by the Insolvency Service of changes to the asset limits for eligibility for Debt Relief Orders (DRO)
Corporate insolvencies drop to lowest quarterly total recorded

Corporate insolvencies drop to lowest quarterly total recorded

07 May 2021Lauren Tavener
There were 2,384 seasonally adjusted corporate insolvencies in the first quarter of 2021, the lowest quarterly total on record, latest data shows
SMEs offered flexibility to extend bounce back loans to 10 years

SMEs offered flexibility to extend bounce back loans to 10 years

08 Feb 2021Marcel Le Gouais
Small businesses that took out bounce back loans will get the chance to extend their loan term to 10 years and take a six-month payment holiday, under plans to offer SMEs a flexible repayment scheme

TRI 250 - an index of influence and best practice

Index of influence in turnaround, restructuring and insolvency
Chris Campbell

Chris Campbell

Investment Director
rcapital
Frances Coulson

Frances Coulson

Senior Partner Head of Insolvency & Litigation
Moon Beever
Kirstie Provan

Kirstie Provan

Partner
Begbies Traynor Group
Neal Weekes

Neal Weekes

Director
Gordon Brothers international LLC
Steven Cooklin

Steven Cooklin

Chief Executive
Manolete Partners
See all TRI 250 members

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Insight tools

Premium: The outlook in credit as Brexit approaches

With just weeks left before a potential disorderly exit from the EU, Credit Strategy highlights why credit professionals should be aware of consumers’ inability to absorb a shock and why younger customers could be most at risk

Economic Outlook: Eurozone growth at decade high - Professor Trevor Williams

Presentation by Professor Trevor Williams, former Chief Economist Lloyds Bank Plc, at the TRI Conference 2017

Litigation Funding: de-risking restructuring and turnaround - Maurice Power, Ferguson Litigation Funding

Presentation by Maurice Power, Ferguson Litigation Funding at the TRI Conference 2017

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