Mondaq UK: Insolvency/Bankruptcy/Re-structuring
Mishcon de Reya
A pre-pack sale has long been a staple of newspaper headlines and invariably alludes to creditors being "stitched up" by the insolvency process.
Mishcon de Reya
Dissolving a company may seem like the best course of action to declutter a group of companies, or if a company no longer seems to serve an ongoing purpose.
Brodies LLP
It is fair to say that the insolvency of Carillion has sent shockwaves through the construction industry. While this may be the catalyst for change ...
Wright Hassall LLP
In light of the recent Carillion demise, this guide provides a starting point on common forms of contract for both employers and subcontractors looking at how insolvency affects the supply chain from both directions.
Gowling WLG
In our update this month we take a look at three cases that provide helpful clarification from the courts on issues ...
McDermott Will & Emery
The UK financial sector thrives on confidence, underpinned by a well-developed and respected legal system. Brexit has knocked global confidence in the UK market, but businesses can still rely on the predictability of the English law system.
Wright Hassall LLP
The Ministry of Justice has published the Pre-Action Protocol for Debt Claims (the "Protocol"), which came into force on 1 October 2017.
Ferguson Litigation Funding Ltd
Over 12 months has passed since the removal of the exemption for insolvency litigation from the Jackson reforms brought within the Legal Aid...
Ferguson Litigation Funding Ltd
Research by Ferguson Litigation Funding (FLF), has found that, 18-months after the removal of the exemption from the Legal Aid...
Holman Fenwick Willan LLP
The professional indemnity insurer of an insolvent independent financial adviser (Target) successfully relied on an insolvency exclusion in the policy to deny liability to third party...
Brodies LLP
On 25 October 2017, the Accountant in Bankruptcy (AIB) published its insolvency statistics for the latest quarter, July to September 2017.
Morrison & Foerster LLP
Court of Appeal judgment: Burlington Loan Management and others v Lomas and others (as the joint administrators of Lehman Brothers International (Europe) (in administration)) [2017] EWCA Civ 1462
Gowling WLG
In our update this month we take a look at a case in which a non-party costs order was made against a major shareholder in the insolvent claimant company.
Gowling WLG
The Court of Appeal has confirmed that a term could not be implied into a conditional fee agreement between a liquidator and solicitors, and that the solicitors would only be paid out of recoveries made.
Gowling WLG
The Court of Appeal has confirmed that a term could not be implied into a conditional fee agreement between a liquidator and solicitors, and that the solicitors would only be paid out of recoveries made.
Reed Smith (Worldwide)
You could be forgiven for thinking that the Bills of Sale Acts of 1878 and 1882 would have been repealed by now, or could never apply to you, over 130 years after they were drafted.
Holman Fenwick Willan LLP
In accordance with the Insolvency Rules 1986, unsecured creditors are entitled to statutory interest on the debts proved in the administration.
Withers LLP
Walker International Holdings Ltd v Republique Populaire du Congo and Others [2005] EWHC 2813 High Court, Queen's Bench Division (Commercial Court) (Morison J)
K&L Gates
It is true that there are statements of high judicial authority which can be cited to support the notion that a contractual claim can survive the payment in full of a proof based on that claim.
Spratt Endicott Solicitors
As of 1st October 2017, debt recovery and collections in both the commercial and consumer world is going to see a big change with the introduction of the debt recovery Pre-Action Protocol (‘PAP').
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4 New Square Chambers
Check that you understand who is the right party to bring a claim.
Wright Hassall LLP
In light of the recent Carillion demise, this guide provides a starting point on common forms of contract for both employers and subcontractors looking at how insolvency affects the supply chain from both directions.
Wright Hassall LLP
The fallout from the construction firm Carillion going into liquidation on 15 January continues to dominate the headlines in the business world.
Brodies LLP
It is fair to say that the insolvency of Carillion has sent shockwaves through the construction industry. While this may be the catalyst for change ...
Gowling WLG
The recent decisions in Avonwick Holdings Ltd and others v Shlosberg and Leeds v Lemos have restricted the ability of trustees in bankruptcy to use privileged documents belonging to the bankrupt.
Gowling WLG
The Court of Appeal has confirmed that a term could not be implied into a conditional fee agreement between a liquidator and solicitors, and that the solicitors would only be paid out of recoveries made.
Gowling WLG
In our update this month we take a look at three cases that provide helpful clarification from the courts on issues ...
McDermott Will & Emery
The UK financial sector thrives on confidence, underpinned by a well-developed and respected legal system. Brexit has knocked global confidence in the UK market, but businesses can still rely on the predictability of the English law system.
Dentons
These proceedings raised complex issues around the rights of creditors, some of which have not been examined for more than 100 years.
Gowling WLG
In our update this month we take a look at a case in which a non-party costs order was made against a major shareholder in the insolvent claimant company.
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