Business Law Library & Tracker
Liquidation & Restructuring
Distress, creditor claims, liquidation, restructuring and director decisions.
Sources last reviewed 28 July 2026
Main law guides
122
Acts, regulations and codes worth reading first
Topics
60
Plain-English clusters
Published case explainers
143
Selected cases with a business lesson
Tracked updates
11
New, amended & reviewed
Plain-English explainers, not legal advice. Use the linked official source for section-level detail, and get advice for your situation.
Get legal helpMain laws
Employment Act 2002
2002 c. 22
Charities Act 2022
UKPGA 2022 c 6
Company Directors Disqualification Act 1986
UKPGA 1986 c 46
Corporate Insolvency and Governance Act 2020
UKPGA 2020 c 12
Enterprise Act 2002
UKPGA 2002 c 40
Insolvency Act 1986
UKPGA 1986 c 45
Local Democracy, Economic Development and Construction Act 2009
2009 c. 20
Package Travel and Linked Travel Arrangements Regulations 2018
SI 2018/634
Neonatal Care (Leave and Pay) Act 2023
2023 c. 20
The Cross-Border Insolvency Regulations 2006
UnitedKingdomStatutoryInstrument 2006 1030
The Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012
UnitedKingdomStatutoryInstrument 2012 3013
Cases
Amber Bridging Limited (In Administration) & Anor v Market Financial Solutions Limited
If your business relies on a servicer, manager, agent, broker or group company to collect and apply money, treat the payment mechanics as a core legal risk area....
DSM IP Assets BV & Anor v Algal Omega 3 Limited (In Administration) & Anor
For most small businesses, the durable lesson is not about the science. It is about IP diligence. A patent can look commercially important, but its real value...
Zaha Hadid Limited v The Zaha Hadid Foundation
If your business depends on a founder’s name, designer label, celebrity brand or other licensed trade mark, do not leave duration and exit rights to later argument....
Zurich Insurance Company Ltd, Re
For most small businesses, this case is less about day-to-day trading and more about how regulated transfers work behind the scenes when an insurer moves a...
Bilta (UK) Ltd (in liquidation) and others v Tradition Financial Services Ltd
For ordinary businesses, the durable lesson is not about carbon trading itself. It is about counterparties, intermediaries and warning signs. If your business helps...
Great Jackson St Estates Limited v The Council of The City of Manchester
If your project sits on leasehold land, review the lease before major planning, design and funding costs are committed. Check every clause affecting demolition,...
Mohinder Singh & Ors v David Ingram (in his capacity as the Liquidator of MSD Cash and Carry PLC)
For business owners, directors and insolvency practitioners, the lesson is simple: do not assume that a funding agreement signed part-way through a dispute only...
Phones 4U Limited (in administration) v EE Limited & Ors
The durable lesson is straightforward. A business can lawfully make a tough commercial decision, even one that rivals may also be considering, but it must make that...
River Island Holdings Limited, Re
The practical lesson is not that every struggling business can cut leases through court process. It is that directors should act early, build evidence and compare...
Thames Water Utilities Holdings Ltd, Re
If your business is heading towards a cash shortfall, the key lesson is to start restructuring work early and build evidence around the real fallback scenario if no...
Anthony John Wright and Geoffrey Paul Rowley & Ors v Dominic Joseph Andrew Chappell & Ors (Re BHS Group Ltd & Ors (in liquidation))
For ordinary business owners, the practical lesson is simple: once your company is in serious financial trouble, board decisions need to become more disciplined,...
Domestic & General Group Limited & Ors v Premier Protect Holdings Limited & Ors
If your business sells plans, subscriptions or cover products by phone, this case shows that the biggest legal risk is not just what your own staff say, but what...
Lifestyle Equities CV and another v Ahmed and another
For business owners, this case draws a practical line between company exposure and personal exposure in brand disputes. If your company uses a sign that infringes...
Restaurant EC3 Limited v Tavor Holdings Limited
If your business is in dispute with a landlord over forfeiture, do not assume that an unlawful re-entry claim will automatically cancel out rent arrears in...
BTI 2014 LLC v Sequana SA
Directors should change their decision-making discipline as financial distress increases. Board papers, cash-flow evidence and creditor impact should become more...
Ventures Food Limited v Little Dessert Shop Limited
If your business model involves one entity taking a lease and another occupying the premises, make the documents say clearly what right is being granted and what...
Kabab-Ji SAL (Lebanon) v Kout Food Group (Kuwait)
For ordinary businesses, the durable lesson is not really about high-level arbitration theory. It is about contract housekeeping. If you trade with a company in a...
Quantum Actuarial LLP v Quantum Advisory Ltd
If you are restructuring a business, spinning out an operating vehicle, or outsourcing client work within a group, draft the agreement around the real commercial...
Triple Point Technology Inc v PTT Public Company Ltd
Implementation contracts need careful delay, acceptance, termination and damages drafting. If the contract does not explain what happens when a project is late and...
Bresco Electrical Services Ltd v Michael J Lonsdale (Electrical) Ltd
Construction payment disputes do not disappear because one party becomes insolvent. Contractors and principals should keep payment notices, variations and evidence...
Chapelgate Credit Opportunity Master Fund Ltd v Money & Ors
If your business is using a commercial funder to back a claim, do not assume the funder’s downside is automatically capped at the amount it puts in. This case shows...
Burnden Holdings (UK) Ltd & Anor v Fielding & Anor
If your business funds someone else’s court claim, the court may treat you as a real participant in the litigation rather than a bystander. That risk increases...
Cavendish Square Holding BV v Makdessi; ParkingEye Ltd v Beavis
Liquidated damages, default charges, service credits and termination consequences need a legitimate commercial rationale. They should not look like punishment...