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Q4 2018 (October-December) England & Wales insolvency statistics (published by the Insolvency Service) have shown an increase in both personal and corporate insolvency. Seasonally adjusted corporate insolvencies in 2018 rose 10% from 2017. Excluding one-off events, there were 16,090 insolvencies in 2018. Seasonally adjusted corporate insolvencies fell by 9% in… Read more
HMG’s announcement on the impact of a no-deal Brexit on cross-border insolvency is two paragraphs long. The first paragraph says: ‘The majority of the Insolvency Regulation, which covers the jurisdictional rules, applicable law and recognition of cross-border insolvency proceedings, would be repealed in all parts of the UK. … Read more