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AMB Law Insolvency Update #39 | May 2024

We are pleased to present our 39th Insolvency Update.  This comes at a time when we have seen a marked increase in insolvencies and restructurings in a number of sectors including online services, restaurants, high-end fashion and law firms (which seem to be going down like ninepins). For a précis of the latest case law, click here: AMB Update (39) May...

Insolvency Update #36 | July 2022

Firms are now gearing up for a surge in insolvency and restructuring in light of the current climate:  the Brexit-car crash, incompetent government on the brink of collapse, double-digit inflation, war in Europe, the pandemic, OPEC-driven fuel crisis, rail strikes etc. For our latest Insolvency Update, click here:  AMB Update (36) July...

Bulletin | Coronavirus Restrictions to End

The various restrictions imposed on the presentation of winding up petitions are set to come to an end.    From 1 April 2022, the minimum petition debt will be £750 and there will be no additional hoops for a petitioner to jump through before a petition can be presented. Click Here for our...

Insolvency Update #35 | March 2022

Workloads are definitely on the up and official figures show that corporate insolvencies in February doubled compared to February 2021.  Most IPs that we deal with seem to be much busier than they were six months ago.  There is however a cloud on the horizon in the guise of the Court Service’s ability to cope with workloads.   For our latest Insolvency Update, click here: AMB Update (35) Mar...

Insolvency Update #34 | January 2022

Pace the hiccough caused by the Omicron variant (why is it not the Epsilon variant?), things seem to be slowly starting to return to normal. We have seen work picking up on all fronts with more transactional cases in the past eight weeks than we saw in the whole of the rest of 2021. For our latest Insolvency Update, click here: AMB Update (34) Jan...