<p><span>English insolvency and public law intersect in several ways. The most visible arises when public entities – especially local councils – face financial distress. Unlike other jurisdictions, English law offers no dedicated insolvency regime for local authorities. Instead, councils unable to balance their budgets can issue a section 114 notice,&nbsp;triggering an administrative response aimed at restoring financial balance without, where possible, bailouts or creditor haircuts. We have analysed this issue elsewhere and do not revisit it here.</span></p> <p><span>Our central claim is that public interest objectives should be expressly integrated into the statutory purposes of insolvency procedures, especially where private entities perform public functions. Insolvency is not merely a mechanism for creditor coordination. It is a contested legal space where the state’s role, private law’s reach, and the protection of public goods are constantly negotiated –and where trust must be actively cultivated and sustained.</span></p> <div> <div> </div> </div>