Insights
Client Alert
A Short Guide to UK Insolvency Law: Administration
October 07, 2008
Keith Wilson and Alper Deniz
Are you unfamiliar with the Administration process in the United Kingdom? Do you have contractual relationships with a company that has entered Administration? This short overview serves as a practical guide for those who are unfamiliar with the Administration process in the United Kingdom. For example, the UK Lehman entities that have filed for insolvency protection in the United Kingdom (there are four such entities: LB UK RE Holdings Ltd., Lehman Brothers International (Europe), Lehman Brothers Holdings PLC and Lehman Brothers Ltd) have all entered Administration rather than any of the other UK insolvency regime processes.