No recognition? No problem: UK Supreme Court confirms bankruptcy petitions can be based on unrecognised foreign judgments

Moves and Promotions — Week of 27 July, 2026

Insolvency Assistant Manager

Leonard Curtis (Manchester)

Assistant Manager, Restructuring

Interpath (Manchester)

Supreme Court allows bankruptcy petitions based on unrecognised foreign judgments

Court revives Russian judgment-based bankruptcy petition

Nvayo founder wins right to challenge £1.9 million administration bill

Judge allows challenge to fees charged against safeguarded customer funds

Aston Martin strikes £550mn debt deal despite creditor objections

Thames Water investors try to head off government takeover

Magnet Group secures approval for CVA proposals

Hobbycraft exits CVA early as demand for model making and crochet surges

Project Cable

An established business whose core services include design, installation and support of audio visual IT, networks, structured cabling and specialist fibre optic services

Newcells Biotech Limited (in Administration)

A pioneering biotechnology company