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Results: 1-10 of 1,350

Liquidators' remuneration and expenses - value-based remuneration and closer scrutiny of expenses

  • Baker & McKenzie
  • -
  • Australia, United Kingdom
  • -
  • October 23 2014

On 25 July 2014 and 17 September 2014 respectively, Justice Brereton of the Supreme Court of NSW delivered two related judgments in Re AAA Financial

Will the Court force a disintegrating partnership to sell assets to one partner?

  • Burges Salmon LLP
  • -
  • United Kingdom
  • -
  • October 16 2014

Partnerships which are breaking up face a series of urgent problems - particularly where the business itself is becoming insolvent. These

The dangers of ‘non-binding’ Memoranda of Agreements

  • Burges Salmon LLP
  • -
  • United Kingdom
  • -
  • October 16 2014

Heads of Terms' or 'Memoranda of Agreement' ("MoA") are commonly agreed by parties as a precursor to entering into more substantial agreements. MoA

English Court of Appeal considers proper basis of subrogated security rights

  • Taylor Wessing
  • -
  • United Kingdom
  • -
  • October 13 2014

Subrogation operates not by assigning the benefit of the relevant third party's security but by creating new security rights in the hands of the

English administrator can take over an existing winding up petition

  • Taylor Wessing
  • -
  • United Kingdom
  • -
  • October 13 2014

An administrator appointed under a qualifying floating charge can "adopt" an existing winding up petition for the purposes of liquidating the company

English administrator loses right to pursue FX claim

  • Taylor Wessing
  • -
  • United Kingdom
  • -
  • October 13 2014

This case demonstrates how reservation of legal rights can be key even if the parties are seeking a commercial solution Facts KSF's administrators

At her majesty‘s pleasure?

  • White & Case LLP
  • -
  • United Kingdom
  • -
  • October 10 2014

Directors of 'can pay, won't pay' award debtors face the prospect of an extended stay in England should they choose to defy a receivership order

Bankruptcy - vesting of causes of action, hybrid claims & limitation

  • Winckworth Sherwood
  • -
  • United Kingdom
  • -
  • October 3 2014

On the making of a bankruptcy order, the bankrupt’s estate vests in the Trustee in Bankruptcy. However, it is not always clear exactly what falls

Re Pan Ocean: Cross Border Insolvency Regulations - what relief can the court grant?

  • Radcliffe Chambers
  • -
  • United Kingdom
  • -
  • October 1 2014

The English Court does not have the power under the Cross Border Insolvency Regulations to grant relief in aid of insolvency proceedings in a foreign

Insolvency in the fashion retail sector understanding and managing the risks of an insolvent acquisition

  • DLA Piper LLP
  • -
  • United Kingdom
  • -
  • October 1 2014

In our "Insolvency in the fashion retail sector: the risks and opportunities" article in the Q2 edition of Global Insight, we looked at the challenges