Soaring energy prices, labour shortages and the cost of living crisis has led to a sharp rise in inflation across Europe and businesses are feeling the impact. When the pandemic hit almost three years ago, businesses in every sector and geography had to transition to new ways of operating, and they will have to do so again to function within uncertain markets and legal and regulatory landscapes.
This resource hub provides topical insights and practical guidance for businesses and their creditors and other stakeholders seeking a solution to financial distress.
Our lawyers have the industry expertise and global reach to advise stakeholders through sensitive and complex cross-border restructuring and insolvency situations.
Publication
The Court of Appeal has overturned a 2023 High Court decision in Manolete v White [2024], ruling that courts cannot issue injunctions requiring members to draw down their occupational pensions to make them available to judgment creditors.
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The Chancellor presented her maiden Budget on October 30, 2024.
Publication
On October 29, 2024, the PPF published a response to its March 2024 consultation, confirming that it would proceed with its proposal to give actuaries the option of using a bespoke discount rate assumption in s. 143 valuations of smaller pension schemes.
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