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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
A warning to financial institutions: failure to issue a litigation hold may have serious consequences
- Frost Brown Todd LLC
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- USA
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- 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
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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
Terminating for insolvency do you have the right to?
- Norton Rose Australia
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- Australia
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- 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
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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
Will Lehman eat porridge for SCDOs?
- King & Wood Mallesons
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- Australia
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- 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
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- Australia
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- 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
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- Ireland
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- 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
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