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Results: 1-10 of 37

FSA continues charge against mis-selling of PPI

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • January 3 2013

In Ollerenshaw and Reeh v the Financial Services Authority (the FSA), former directors of the Black and White Group Limited (in liquidation) (B&W

Asbestos: Third Parties (Rights against Insurers) Act 2010 delayed

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • April 17 2012

A Ministry of Justice Report released in March 2012 has confirmed that the implementation of the Third Parties (Rights against Insurers) Act 2010 (the "Act") is to be delayed until 2013

The Lehmans client money case: clients and a common misfortune

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • March 5 2012

On 29 February 2012, the Supreme Court of the United Kingdom handed down its judgment In the matter of Lehman Brothers International (Europe) (In Administration), more commonly known as the 'Lehmans client money case'

Court of Appeal enforces foreign judgment under the Insolvency Act

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • December 5 2011

A recent Court of Appeal case confirms that the Foreign Judgments (Reciprocal Enforcement) Act 1933 does apply to judgments in insolvency matters and that the Insolvency Act 1986 can be used to enforce a foreign judgment

Court of Appeal upholds that assistance can be given to Australian court

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • August 12 2011

In New Cap Reinsurance Corporation Ltd & Anr v AE Grant & Ors, the Court of Appeal has upheld a first instance decision that section 426 of the Insolvency Act (IA) can be used to enforce a foreign monetary judgment in insolvency proceedings

Supreme Court decision on the Lehman credit default swap "flip" provisions

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • August 10 2011

The case concerned credit default swaps entered into between Lehman Brothers Special Financing Inc., and various parties, and the rights of the parties in respect of collateral held by a trustee

Directors’ liability: the case of directorial responsibility following Roberts v Frohlich

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • June 23 2011

The liquidator of Onslow Ditching Ltd (ODL), sought a declaration against two directors (on three grounds), seeking damagesfines or a contribution of assets from each director

High Court tells Lehman administrators to await Supreme Court decision

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • May 25 2011

Following the Court of Appeal decision in their application to the Court for directions to enable them to identify client money and its traceable proceeds (as previously reported here), the administrators of Lehman Brothers International (Europe) sought further directions regarding the further work to be carried out, the evidence to be prepared and the identification of appropriate respondents and sought a protective costs order

High Court approves scheme of arrangement for Rodenstock - a German company

  • Edwards Wildman Palmer LLP
  • -
  • Germany, United Kingdom
  • -
  • May 16 2011

The English High court has approved a scheme of arrangement for a company incorporated in Germany which had its centre of main interests in Germany, no establishment in the UK and no assets in the UK likely to be affected by the scheme

Court of appeal case on the "balance-sheet" test of insolvency

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • March 22 2011

In BNY Corporate Trustee Services Limited v Eurosail-UK 2007-3BL Plc and others, the Court of Appeal ruled on the interpretation of the so-called "balance-sheet" test of insolvency under section 123(2) of the Insolvency Act 1986

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