Related insights: Restructuring and Insolvency
WBD restructuring team strengthened by appointment of legal director
01 Apr 2022
Womble Bond Dickinson has bolstered its restructuring proposition with the appointment of Victoria Procter as a legal director, working in WBD’s Leeds office.
Winding up petitions post 30 September 2021: what you need to know
21 Sep 2021
At the start of the coronavirus pandemic, temporary provisions were put in place under the Corporate Insolvency and Governance Act 2020. New temporary provisions being introduced by the UK government that are designed to provide continued support to viable businesses whilst allowing a return to the normal order of things as regards the winding up process (temporarily with carveouts).
CVAs still in fashion as New Look successfully defends challenge
12 May 2021
In the hotly anticipated judgment of Mr Justice Zacaroli in the case of Lazari Properties 2 Limited and Ors and New Look Retailers Limited ("New Look") [2021] EWHC 1209 (Ch) New Look has successfully defended a challenge to its CVA on the grounds of jurisdiction, material irregularity and unfair prejudice. The judgment confirms once again that differential treatment of creditors does not on its own establish unfair prejudice but that it will be a matter for determination based on all the circumstances of the case.
Pre-pack reforms approved by Parliament
01 Apr 2021
The new pre-pack regulations have been approved by Parliament and come into force on 30 April 2021.
WBD advises Oxygen Partners on acquisition of fashion manufacturer
29 Mar 2021
Womble Bond Dickinson (WBD) has recently advised Oxygen Partners on its acquisition of certain business and assets of Knitting Division Limited, a Leicester-based manufacturer of high-quality weft knitted fabrics for ladies' fashion and the children's clothing sectors.
Budget 2021 review from a restructuring and insolvency perspective
04 Mar 2021
Jonathan Dunkley, managing associate, provide his opinion on the business support package from a restructuring and insolvency perspective.
Any port in a storm: a cautionary tale in drafting
11 Feb 2021
In a recent decision in the Admiralty Court before Mr Admiralty Registrar Davison, the Court considered the application of the recently enacted section 233B of the Insolvency Act 1986. Whilst the conclusions reached on that provision are perhaps less surprising given its wide remit, the decision raises some interesting points for contract lawyers on the formation of contracts and the reasonableness of their terms.
A cautionary tale on transferring IP assets at an undervalue
02 Feb 2021
The Intellectual Property Enterprise Court has dismissed[1] a claimant's application for summary judgment which alleged that a licensee had infringed its registered trade marks and had breached the terms of its licence.
WBD advises Enact on investment in TV post-production house Evolutions Television
27 Jan 2021
WBD has advised Endless LLP on its acquisition of an award winning post production house business. The acquisition of the business and assets of Evolutions Television Limited and Digital Post Limited has preserved over 100 jobs.
WBD advises US client National Corporate Housing on UK and Singapore acquisitions
15 Dec 2020
WBD has advised Colorado-based National Corporate Housing on UK and Singapore acquisitions
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