Client Alert

| September 11, 2009

Encouraging Company Rescue: Proposals for Reforming the UK's Insolvency Laws

On 7 September, 2009, a consultation (the "Consultation") on significant proposals for reforming the current framework of UK insolvency law closed. This alert explores the proposals which have been put forward and anticipates the likely impact of any reforms which may result.

For more information, please contact your Dewey & LeBoeuf relationship partner, or one of the following:

Peter Sharp

+44 20 7459 5007

Bruce Johnston

+44 20 7459 5052

This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent. For further information on Dewey & LeBoeuf, please visit www.dl.com. +1 888 532 6383