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

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • 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

A warning to financial institutions: failure to issue a litigation hold may have serious consequences

  • Frost Brown Todd LLC
  • -
  • USA
  • -
  • May 3 2013

As electronic discovery has become more prevalent and voluminous, national standards for the preservation of evidence have evolved dramatically in

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

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • 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
  • -
  • United Kingdom
  • -
  • 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
  • -
  • United Kingdom
  • -
  • 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

Terminating for insolvency do you have the right to?

  • Norton Rose Australia
  • -
  • Australia
  • -
  • May 9 2013

Incidents of insolvency in the construction industry are under the spotlight after the recent failure of a number of construction companies

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

  • Sidley Austin LLP
  • -
  • United Kingdom
  • -
  • 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

Will Lehman eat porridge for SCDOs?

  • King & Wood Mallesons
  • -
  • Australia
  • -
  • May 7 2013

The liquidators of Lehman Brothers Australia are appealing a landmark Federal Court decision that found it liable for losses suffered by a number of

It pays to break the vicious debtor cycle

  • Bartier Perry
  • -
  • Australia
  • -
  • May 6 2013

In the hire industry, it is common for hirers to incur significant exposure on customer accounts where credit is extended in circumstances where

The Foley’s Bar saga

  • William Fry
  • -
  • Ireland
  • -
  • May 9 2013

Recent attempts by Bank of Scotland plc to enforce its security over the company operating Foley's Bar and O'Reilly's Bar in Dublin city centre have