Tag Archives: Corporate Recovery

(UK) Does the act of closing out pre-administration customer contracts create a liability expense?

By Tom Leverett on December 8, 2025 Posted in UK

For reasons explained in this blog, they did not in the case of Conway and others v Plass and others [2025] EWHC 2625 (Ch) but there could be situations where it might. In Conway and others v Plass and others, the High Court has provided guidance on when contract liabilities incurred by administrators will be … Continue Reading

The Italian Court Confirms that the Principle of Competitiveness in Buyer Selection During Negotiated Business Crisis Settlements cannot be Dispensed with

By Enrico Calabria and Francesco Triga on August 12, 2025 Posted in EU

The negotiated settlement procedure introduced by the Italian Code of Business Crisis and Insolvency (“CCII”), is a tool designed to facilitate the recovery of financially distressed companies through consensual, out-of-court solutions. Under Article 22(1)(d) of CCII, an entrepreneur may request the Court’s authorization to transfer its business (or one or more of its branches), in … Continue Reading