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  • Owner of sub-contractor held personally liable to main contractor for £4m

    Blog Post

    Submitted: 21 December 2017

    In a recent summary judgment application, the Technology and Construction Court held that an owner of an insolvent sub-contractor was liable to the main contractor for £4m – Multiplex Construction Europe Ltd v Gordan Alan Dunne

  • Trouble in the supply chain: sub-contractor insolvency

    Blog Post

    Submitted: 10 November 2017

    ​This blog post considers some practical implications from an insurance angle. In September 2017, the UK construction industry contracted for the first time in over a year. With Brexit delaying some investment plans, there is also a degree of uncertainty in the industry, and, of course, the risk that some construction companies may be forced into insolvency.

  • No stay in English proceedings pending outcome of Spanish insolvency proceedings


    Submitted: 05 August 2016

    The Commercial Court finds that an exclusive English jurisdiction clause is a powerful factor in determining to refuse a Spanish SPV’s application for a stay in English proceedings pending the outcome of Spanish insolvency proceedings.

  • Restructuring & insolvency procedures

    Cross Border Guide

    Last Reviewed: 29 June 2016 / Submitted: 11 October 2012

    This microsite provides an overview of the different restructuring and insolvency procedures currently available for companies across England & Wales, Germany and Italy.

  • Trends in digital health Restricted access


    Submitted: 26 May 2016

    This session explores the digital health sector as it currently stands - what digital health is, why it’s important, why investors should care, what Simmons & Simmons are seeing in the market-place and what the risks and challenges are, particularly for investors.

  • Debt restructuring procedures for a closed-ended real estate investment fund


    Submitted: 21 January 2016

    Is it admissible for an investment fund to benefit from debt restructuring procedures as set out by the Italian Bankruptcy Law?

  • Airport charges and the clawback regime


    Submitted: 22 July 2015

    A review of the recent decision by the Milan Court of Appeal in a claw back action involving airport charges​.

  • Spain modifies the Insolvency Law to facilitate the refinancing and restructuring of corporate debt Restricted access


    Submitted: 17 March 2014

    Royal-Decree Law 4/2014, of 07 March, of urgent measures in refinancing and restructuring corporate debt.

  • Distressed M&A in Germany Restricted access


    Submitted: 29 October 2013

    Distressed M&A transactions call for specialised legal knowledge. In March 2012, new German legislation introduced reforms concerning the restructuring of companies faced with insolvency.

  • The duties of a facility agent in syndicated loans - a bullish view Restricted access


    Submitted: 24 October 2013

    The High Court decision in Torre Asset Funding Limited and Another v The Royal Bank of Scotland plc [2013] EWHC 2670 (Ch) (03 September 2013) is important for a number of different reasons but has received publicity primarily because of the light it sheds on the duties of a facility agent in a syndicated loan.

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