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Record fine on the University of Sussex for governance breaches: what next for a sector already in financial distress?
Posted: 05/06/2025
On 26 March 2025, the independent regulator for higher education, the Office for Students (OfS) imposed a record £585,000 fine on the University of Sussex for governance breaches relating to freedom of speech and academic freedom. The level of the fine, together with suggestions from the OfS that this may be the first of several......>>
Priorities under pressure: what can (and cannot) be paid in distressed private schools
Posted: 05/06/2025
Independent schools are increasingly operating within a tightening financial and regulatory environment. Alongside sector specific challenges – such as rising operating costs, demographic shifts, and reputational and regulatory risks – broader government policy is beginning to bite. Changes such as VAT exemptions on school fees have......>>
Penningtons Manches Cooper strengthens restructuring team with specialist insolvency hire
Posted: 02/06/2025
Top 50 law firm Penningtons Manches Cooper has expanded its restructuring and insolvency practice with the appointment of managing associate Rachel Brown. Rachel’s arrival further enhances the firm’s capabilities in complex insolvency matters. A highly experienced commercial litigator and insolvency specialist, her practice focuses......>>
Broken hearts - digital assets in insolvency: practical aspects for insolvency practitioners
Posted: 10/02/2025
Digital assets, including cryptocurrencies and non-fungible tokens (NFTs), have seen exponential growth. With the continued adoption and expanding personal ownership of digital assets, they will increasingly become a regular part of insolvency proceedings. This is true whether they are assets to be realised in the insolvency or if an insolvent......>>
Judgment finds that crypto debt can be used to wind up a company in Singapore
Posted: 24/11/2023
The High Court in Singapore has ordered the winding up of Hodlnaut Pte Ltd, a Singapore based cryptocurrency lending and borrowing platform, as it was cash flow insolvent given that the cryptocurrency funds held by the company from various creditors count as ‘debts’ within the meaning of s125(1)(e) of the Insolvency, Restructuring......>>

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