Judicial Wing Projects

 
2021 and Beyond
  • The Judicial Wing is going to explore the likely long-term changes in the practice of the insolvency courts resulting from the COVID-19 pandemic.
  • The Judicial Wing is going to update its publication "The Role of the Judge in the Restructuring of Companies Within Insolvency" with regard to the effects of the EU directive on preventive restructuring networks and the ensuing local legislation in the Member States.
Latest News

Poundland announces major restructuring with store closures and job cuts

Last week Poundland announced a major restructuring which involves extensive store closures and job losses. The budget retailer is embarking on a significant turnaround plan, including the closure of…

Solar panel maker Meyer Burger’s German subsidiaries file for insolvency

Swiss solar panel manufacturer Meyer Burger Technology's German subsidiaries, Meyer Burger (Industries) and Meyer Burger (Germany), have filed for insolvency after unsuccessful restructuring efforts.…

Frasers nears control of distressed Norwegian sports giant

Frasers Group is nearing a takeover of troubled Norwegian sportswear retailer XXL ASA, having secured over 92% of its share capital and 90% of voting shares. Despite this, Frasers has issued stark warnings,…

German insurtech to cut around 20% of its workforce in Germany

Clark, the German insurtech, is cutting around 20% of its workforce in Germany, primarily in the IT departments at its Berlin and Frankfurt offices. These layoffs, announced in late May, are described…

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