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Cold comfort: how latest case law demonstrates the limitations of comfort letters

Wragge & Co LLP
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United Kingdom
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May 9 2013

Comfort letters can be a useful tool for providing an assurance of support from a parent to a subsidiary company. In some cases they help inform the

Supreme Court reverts to common sense approach on the balance sheet test for insolvency

CMS Cameron McKenna
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United Kingdom
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May 10 2013

The guidelines laid down by the English courts for applying the balance sheet test for insolvency affects not only whether a company is technically

Rolling back the point of no return: the English Supreme Court clarifies the balance sheet insolvency test

Reed Smith LLP
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United Kingdom
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May 9 2013

The English Supreme Court's eagerly awaited decision on the Eurosail litigation, concerning how the "balance sheet" test for insolvency should be

UK Supreme Court issues authoritative decision on 'balance sheet insolvency test'

Schulte Roth & Zabel LLP
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United Kingdom
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May 9 2013

The UK Supreme Court today delivered an important decision on the meaning of the so-called 'balance sheet insolvency test' in s.123(2) of the

The meaning of the "Balance Sheet Insolvency Test" is finally determined by the UK Supreme Court

Sidley Austin LLP
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United Kingdom
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May 9 2013

The UK Supreme Court judgment in BNY Corporate Trustee Services Limited and others v Eurosail-UK 2007-3BL PLC 2013 UKSC 28 was handed down on 9 May

‘Point of no return’ is not the point says Supreme Court

Reed Smith LLP
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United Kingdom
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May 9 2013

So Eurosail-UK 2007-3BL plc (Eurosail) is not 'balance sheet' insolvent, no event of default has occurred under the RMBS notes it has issued and a

Rubin: enforcement of US judgments in England

Morgan Lewis & Bockius LLP
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United Kingdom, USA
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May 8 2013

On 24 October 2012, the UK Supreme Court issued a judgment in the case of Rubin v Eurofinance SA, reaffirming the English common law principles

UK Supreme Court clarifies the balance-sheet insolvency test

Herbert Smith Freehills LLP
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United Kingdom
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May 16 2013

The Supreme Court has delivered a judgment providing welcome clarification on the construction and effect of section 123(2) of the Insolvency Act

UK corporate update recent cases of interest

Fried Frank Harris Shriver & Jacobson LLP
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United Kingdom
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April 12 2013

There have been a number of recent English Court judgments of interest in the corporate field and this corporate update reports on cases relevant in

Retention money and insolvency: a common sense approach?

Mills & Reeve LLP
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Malaysia, United Kingdom
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April 22 2013

The retention of a proportion of the contractor's fee is common practice in construction contracts. The parties sometimes agree (usually in unamended

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Search results

Cold comfort: how latest case law demonstrates the limitations of comfort letters

Supreme Court reverts to common sense approach on the balance sheet test for insolvency

Rolling back the point of no return: the English Supreme Court clarifies the balance sheet insolvency test

UK Supreme Court issues authoritative decision on 'balance sheet insolvency test'

The meaning of the "Balance Sheet Insolvency Test" is finally determined by the UK Supreme Court

‘Point of no return’ is not the point says Supreme Court

Rubin: enforcement of US judgments in England

UK Supreme Court clarifies the balance-sheet insolvency test

UK corporate update recent cases of interest

Retention money and insolvency: a common sense approach?

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