Post winding-up transactions set aside *

United Kingdom - April 24 2013
Where a company has been wound-up, directors are no longer officers of the company and any transactions they enter into will be void. This was…

Co-authors: Greg Standing.

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Payment guarantee is a performance bond *

United Kingdom - April 24 2013
We first reviewed the decision in Wuhan Guoyu Logistics Group Co Ltd v Emporiki Bank of Greece SA in our August 2012 issue of Finance Litigation…

Co-authors: Greg Standing.

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Car hire charges need to be incurred *

United Kingdom - April 24 2013
When faced with a substantial car hire claim, finance companies would do well to put a business claimant to proof that the replacement car was…

Co-authors: Greg Standing.

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Payment of disbursements doesn't render solicitors liable for adverse costs orders *

United Kingdom - April 24 2013
Solicitors who fund disbursements for impecunious claimants will not be liable for adverse costs simply because they do so. They might be so liable…

Co-authors: Greg Standing.

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Freestanding or modifying agreements under the Consumer Credit Act? *

United Kingdom - April 24 2013
Freestanding and separate agreements are not modifying agreements and so not caught by the Consumer Credit Act 1974 (CCA). This was the finding of…

Co-authors: Greg Standing.

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