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Insolvency proceedings and foreign companies

  • Ogier
  • -
  • United Kingdom
  • -
  • January 23 2015

The High Court of England and Wales may refuse to exercise its discretion to wind up companies incorporated abroad where there would be little

Proposed tightning in regulation of UK pre-packs

  • Squire Patton Boggs
  • -
  • United Kingdom
  • -
  • January 23 2015

Pre-packs are a valuable business rescue tool but have often been criticised by creditors because they enable an administrator to conclude a sale

Odds and ends the EC regulation, new SIP 16 consultation, extent of S.236 powers and more

  • Burges Salmon LLP
  • -
  • European Union, United Kingdom
  • -
  • January 22 2015

This article provides snapshot of some of the more incidental goings-on of which we believe practitioners should be aware. Amongst other things, it

The Financial Report January 22, 2015 - news from Europe

  • DLA Piper LLP
  • -
  • European Union, India, United Kingdom
  • -
  • January 22 2015

The UK Prudential Regulation Authority proposed changes to the PRA’s Pillar 2 framework for the banking sector, including changes to rules and

PPF levy 201516: final rules

  • Burges Salmon LLP
  • -
  • United Kingdom
  • -
  • January 20 2015

The PPF's final levy rules for 201516 published at the end of last year largely confirmed the consultation drafts but included changes in some

Bankruptcy threshold to be increased to £5,000 where does this leave small business creditors?

  • Teacher Stern
  • -
  • United Kingdom
  • -
  • January 19 2015

The Government has announced that from October 2015 it plans to increase the minimum threshold for creditors' bankruptcy petitions from £750 to £5

A reminder of the rules governing asset distribution in a corporate insolvency

  • Rosling King LLP
  • -
  • United Kingdom
  • -
  • January 15 2015

On 31 December 2014, the Financial Services (Banking Reform) Act 2014 (Commencement No 7) Order 2014, SI 20143160 extended the list of unsecured

Scheme hot topics bulletin: part I

  • Weil Gotshal & Manges LLP
  • -
  • United Kingdom
  • -
  • January 14 2015

As market participants will know, the English courts have been increasingly willing to accept jurisdiction to sanction schemes in respect of foreign

Horton v Henry: the impact on a trustee in bankruptcy’s power to exercise options on behalf of the bankrupt

  • Burges Salmon LLP
  • -
  • United Kingdom
  • -
  • January 13 2015

Raithatha v Williamson extended the scope of an Income Payment Order (IPO) to include a personal pension entitlement which a bankrupt was entitled to

Pension pot luck for English trustees in bankruptcy

  • Squire Patton Boggs
  • -
  • United Kingdom
  • -
  • January 13 2015

The recent English High Court decision in Horton v Henry 2014 EWHC 4209 (Ch)has conflicted with the earlier decision in Raithatha v Williamson