Case updates

High Court places JNFX into special administration, sides with majority creditors on office-holder battle

Judge dismisses Wilton claim to £5.6m Cyan recoveries

High Court refuses banks’ bid to knock out Arena Television and Sentinel claims in ABL fraud litigation

Businessman and baroness implicated in £122M PPE controversy

Forvis Mazars appointed administrators to company linked to Michelle Mone and Doug Barrowman

Listed US company sidesteps Chapter 11 with UK Part 26A workaround

Administrators outline £3.7 million pre-pack sale and creditor recoveries at Pizza Hut franchises

FTI Consulting confirms secured lender Yum! to recover only 18% as UK franchise insolvency enters next phase

Poundland’s rescue plan sanctioned amid widespread landlord opposition

High Court approves £327 million restructuring plan backed by Pepco and Gordon Brothers, preserving 13,000 jobs despite resistance from most landlord classes

Petrofac Enters Administration Following Collapse of Restructuring Plan

"Targeted administration" marks final chapter in Petrofac’s troubled restructuring saga

Fossil Turns to UK Courts in Unprecedented Restructuring to Preserve US Listing

Landmark case could redefine cross-border restructuring strategy for distressed US corporates

Supreme Court to hear landmark Waldorf restructuring appeal

Permission granted in case set to clarify fairness standards for cramdowns under Part 26A

ISG administrators double recoveries

Litigation funding deal delivers stronger-than-expected returns, paving way for employee payouts but no unsecured distributions.

High Court clamps down on rogue US receiver

Court brands South Carolina receiver’s conduct “bombastic” and issues sweeping anti-suit relief