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Corporate governance and piercing the corporate veil Supreme Court rules to extend exceptions
- Mayer Brown LLP
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- United Kingdom
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- June 12 2013
The Supreme Court's decision in the case of Petrodel v Prest, handed down today, marks a crucial shift in the extent to which the courts
Podcast: episode 24 - the view from Mayer Brown
- Mayer Brown LLP
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- United Kingdom
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- May 31 2013
Nick Robertson takes a look at three recent cases regarding a High Court decision on the enforceability of a 12 month restrictive covenant in the
The adjudicator who changed his mind
- Mayer Brown LLP
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- United Kingdom
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- February 26 2013
Vertase and Squibb fought out two adjudications. In the first, the adjudicator apparently decided that Vertase, the main contractor, could not deduct
The increasing influence of good faith obligations
- Mayer Brown LLP
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- United Kingdom
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- January 24 2013
The general position of good faith negotiations in English law is stated in Cobbe v. Yeoman's Row Management Limited 2006 EWCA Civ 1139. Under
Liquidators' costs in a preference claim
- Mayer Brown LLP
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- Hong Kong, United Kingdom
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- May 13 2013
In The Joint and Several Liquidators of QQ Club Limited (in liquidation) v. Golden Year Limited (HCCW 2452011, 9 April 2013) (QQ Club), the Court of
That was never a penalty...
- Mayer Brown LLP
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- United Kingdom
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- March 31 2011
The issue of whether a liquidated damages clause is really a penalty and unenforceable is a familiar visitor to the courts
Naming the wrong builder puts paid to insurance cover
- Mayer Brown LLP
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- United Kingdom
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- February 26 2013
A housing association contracted with a builder who was to provide some affordable housing. The association also took out decennial insurance which
Eurosail - the point of no return: the final chapter
- Mayer Brown LLP
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- United Kingdom
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- May 10 2013
Nearly three years after the High Court decision on the case of BNY Corporate Trustee Services Ltd v Eurosail UK 2007 - 3BL PLC and others was handed
In pursuit of universality in cross-border insolvency
- Mayer Brown LLP
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- United Kingdom
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- August 5 2010
The Court of Appeal has ruled that foreign judgments in insolvency proceedings may be enforced by the English courts at common law, and that the ordinary principles which may prevent the enforcement of foreign judgments do not apply to insolvency judgments where the action from which the foreign judgment arises is integral to the collective nature of the insolvency proceedings
The point of no return - a balancing act
- Mayer Brown LLP
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- United Kingdom
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- April 8 2011
In BNY Corporate Trustee Services Ltd v Eurosail UK 2007 - 3BL PLC & Ors, the English Court of Appeal has decided that the mere fact that a company's aggregate liabilities exceed its assets may not render the company to be deemed unable to pay its debts under section 123(2) of the UK Insolvency Act 1986 (commonly referred to as the "balance sheet test"
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