Restructuring Roundup (UK)

Here is our summary of key developments relevant to restructuring professionals that you might have missed, with links for further information.

It’s not quite over, but with the end of summer approaching and people already forgetting about their holidays we thought we’d brighten inboxes with a bumper edition of our newsletter.

• As the picture around risk and liability under the Building Safety Act 2022 begins to grow (rapidly), our Insight explains how liability for building defects and fire risk extends beyond high rise residential buildings and is now affecting commercial property and mixed-use buildings, as well as how responsibility for payment can infiltrate group structures notwithstanding attempts to ringfence risk/liability. A sobering read, but one which all practitioners need to think about when considering the impact on a proposed restructuring.