| 1 | A guide to forms in insolvency proceedings A list of standard forms for use in restructuring and insolvency proceedings in accordance with the Insolvency Act 1986 and the Insolvency Rules 1986 (SI 1986/1925). The forms relate to company voluntary arrangements, administration, administrative receivership, liquidation, individual voluntary arrangements, bankruptcy, insolvency court procedure and practice, and the insolvency of overseas companies with UK establishments. | Practice note: overview | Maintained |
| 2 | A toolkit for cross-border bond restructurings A guide to PLC's UK and US resources for practitioners involved in an international corporate bond restructuring. | Practice note: overview | Maintained |
| 3 | Company voluntary arrangements (CVA): a quick guide A quick guide to company voluntary arrangements (CVAs), forming part of series of quick guides (for more information on quick guides, see Quick guides). | Practice note: overview | Maintained |
| 4 | Company voluntary arrangements (CVAs) An overview of the procedure involved in company voluntary arrangements (CVAs). | Practice note: overview | Maintained |
| 5 | Overview of company insolvency procedures This note provides a summary of the various procedures that may apply to a company in financial difficulties and summarises information in the following practice notes: Administration. Administrative receivership. Company voluntary arrangements (CVAs). Schemes of arrangement: role of the court. Liquidation. For each procedure, this note summarises in tabular form: Its purpose. Who may commence the procedure. How the procedure is commenced. Its effect. | Practice note: overview | Maintained |
| 6 | Reduction of capital: overview An overview of the ways in which a company can reduce its share capital and the reasons for doing so. | Practice note: overview | Maintained |
| 7 | Schemes of arrangement: overview An overview of schemes of arrangement, including when a scheme of arrangement may be useful for both solvent and insolvent companies, the requirements for a scheme of arrangement and frequently-seen issues when obtaining creditor, shareholder and court approval. | Practice note: overview | Maintained |
| 8 | Substantial shareholding exemption: overview This note is an overview of the reliefs available and the main conditions that need to be satisfied under the substantial shareholding exemption provisions. | Practice note: overview | Maintained |
| 9 | Tax clearances: general This note discusses the current UK rulings system and practical issues relating to clearances. It also links to several other practice notes that provide guidance on clearances in specific situations. | Practice note: overview | Maintained |
| 10 | Arrangements and reconstructions: comparison between ... A note outlining the changes to the law in relation to arrangements and reconstructions (including mergers and divisions of public companies) made by the Companies Act 2006 (2006 Act). For general background to the 2006 Act, see Practice note, Companies Act 2006: materials. Part 26 (arrangements and reconstructions) and Part 27 (mergers and divisions of public companies) came into force on 6 April 2008. | Practice notes | 06-Apr-2008 |
| 11 | Company voluntary arrangements: a guide for landlords A practice note on the key aspects of CVAs for landlords. | Practice notes | Maintained |
| 12 | Corporate debt restructuring: step by step This note looks at the key stages involved in restructuring corporate debt. | Practice notes | Maintained |
| 13 | Corporate insolvency and losses: tax This practice note deals with the issue of using and preserving the losses of an insolvent company, both generally and in the contexts of a hive down of its assets and business, and of group relief. | Practice notes | Maintained |
| 14 | Corporate restructuring: debt equity swaps This note considers how debt equity swaps may be used in corporate restructuring. It examines the nature of debts and the different ways they can be structured. The note focuses on the approach of the company's bank or other creditors to debt equity swaps, as they usually drive the structure. | Practice notes | Maintained |
| 15 | Debt equity swaps: can banks be liable for financial support ... This practice note examines the risk that the Pensions Regulator may order financial support directions against a company's bank, in particular if the bank holds an equity stake in the business. | Practice notes | Maintained |
| 16 | Direct taxes This practice note gives an overview of direct taxes in the UK tax regime. It covers income tax, corporation tax and capital gains tax. It discusses the principles of calculation, rates, payment and compliance, and reliefs (such as capital allowances and research and development (R&D) relief). | Practice notes | Maintained |
| 17 | Employment: intra-group reorganisations This note considers the employment law issues that arise on group reorganisations. | Practice notes | Maintained |
| 18 | Group reorganisations: tax This note gives an overview of the key tax issues that can arise when a group reorganisation takes place. | Practice notes | Maintained |
| 19 | Group restructurings in insolvency: tax issues A practice note about the tax implications of restructuring a group in an insolvency situation. The note covers the position of the group and its shareholders. | Practice notes | Maintained |
| 20 | Groups of companies: tax Tax legislation gives special tax treatment to certain transactions between group company members, such as group and consortium relief and relief for chargeable gains groups. This note considers that treatment. The stamp duty, stamp duty land tax and value added tax position of group companies is also considered. | Practice notes | Maintained |
| 21 | How can I protect my business from a debtor getting into ... A practice note on how to respond to the financial difficulties or insolvency of a company that owes you money, which considers how to press for payment from a distressed trading partner, key contractual issues and outlines the position of the unsecured creditor in an insolvency process. | Practice notes | Maintained |
| 22 | Income tax: anti-avoidance and secondary liability This note is a general summary of the anti-avoidance rules applying for the purposes of UK income tax and the situations in which one person may be liable for income tax primarily chargeable to another person. It also provides links to notes describing other aspects of the UK income tax rules, such as how income is taxed and exemptions from income tax. | Practice notes | Maintained |
| 23 | Income tax: calculation of income profits This note is a general summary of the rules for calculating income for the purposes of UK income tax. It also provides links to notes describing other aspects of the UK income tax rules, such as how income is taxed and exemptions from income tax. | Practice notes | Maintained |
| 24 | Income tax: exemptions and reliefs This note is a general summary of exemptions and relief from UK income tax. It also provides links to notes describing other aspects of the UK income tax rules, such as how income is calculated for income tax purposes and how income is taxed. | Practice notes | Maintained |
| 25 | Income tax: general principles This note is a general summary of the principles underpinning UK income tax. It describes what income is and how it is taxed. It also provides links to notes describing other aspects of the UK income tax rules, such as calculation of income and exemptions from income tax. | Practice notes | Maintained |
| 26 | Income tax: use of losses This note is a general summary of how losses may be used under the UK income tax rules. It also provides links to notes describing other aspects of the UK income tax rules, such as how income is taxed and exemptions from income tax. | Practice notes | Maintained |
| 27 | Pensions: intra-group reorganisations This note considers some of the pensions issues that arise on group reorganisations. | Practice notes | Maintained |
| 28 | Rescue buyouts An explanation of the particular issues which arise when a buyout is being conducted in a rescue or insolvency situation. | Practice notes | Maintained |
| 29 | Restructuring high yield bonds: UK and US overview This note provides an overview of the key features of high yield bonds issued in the UK and in the US, and the principal issues to be considered in the context of a corporate debt restructuring involving high yield bond obligations. These include the main differences between New York and English law governed bond documentation and related legal and regulatory issues. | Practice notes | Maintained |
| 30 | Schemes of arrangement: role of the court A guide to some of the main problematic issues that the court will assess when deciding whether to allow a scheme of arrangement to be voted on, and when deciding whether to sanction a scheme that has been approved by the company's creditors or members. | Practice notes | Maintained |
| 31 | Stamp duty This note considers the practical impact of stamp duty on commercial transactions. NOTE: This resource is being reviewed in light of the 2013 Budget. For more information, see Legal update, 2013 Budget: key business tax announcements. | Practice notes | Maintained |
| 32 | Stamp duty land tax This practice note considers the practical impact of stamp duty land tax in the context of commercial transactions. | Practice notes | Maintained |
| 33 | Stamp duty reserve tax This practice note considers the practical impact of stamp duty reserve tax in the context of commercial transactions. NOTE: This resource is being reviewed in light of the 2013 Budget. For more information, see Legal update, 2013 Budget: key business tax announcements. | Practice notes | Maintained |
| 34 | Stamp duty: reliefs This note considers the various reliefs and exemptions from stamp duty available in a commercial context. NOTE: This resource is being reviewed in light of the 2013 Budget. For more information, see Legal update, 2013 Budget: key business tax announcements. | Practice notes | Maintained |
| 35 | Substantial shareholding exemption A note on the substantial shareholding exemption which exempts companies from corporation tax on a gain made on the disposal of a substantial shareholding in another company. | Practice notes | Maintained |
| 36 | Tax on chargeable gains: general principles This note is a general summary of the UK rules applying to the taxation of chargeable gains. It describes what chargeable gains are, what assets are affected, when disposals arise, the way in which gains are calculated and the manner in which they are taxed, exceptions from taxation, anti-avoidance rules and how allowable losses may be used. This note is intended as a general overview, so you should be aware that the tax treatment in a particular case may differ from the general position described in this note. | Practice notes | Maintained |
| 37 | Transfer pricing This practice note discusses the UK transfer pricing rules as they apply to cross-border and domestic transactions. This note does not address how the transfer pricing rules impact on specific industries, such as insurance or energy/utility, where these industries deviate from the general rules. | Practice notes | Maintained |