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UK Supreme Court clarifies the balance-sheet insolvency test

Herbert Smith Freehills LLP
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United Kingdom
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May 16 2013

The Supreme Court has delivered a judgment providing welcome clarification on the construction and effect of section 123(2) of the Insolvency Act

Events of default? Worth checking your contracts again

Morton Fraser
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United Kingdom
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May 15 2013

The Supreme Court handed down an important judgement last week in the case of BNY Corporate Trustee Services Limited v Eurosail - UK 2007 - 3BL PLC

Eurosail has the balance been redressed?

Latham & Watkins LLP
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United Kingdom
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May 15 2013

The Eurosail Supreme Court ruling of 9 May 2013 dismissed the appeal but simultaneously rejected the “point of no return” test relied upon by the

Liquidators' costs in a preference claim

Mayer Brown LLP
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Hong Kong, United Kingdom
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May 13 2013

In The Joint and Several Liquidators of QQ Club Limited (in liquidation) v. Golden Year Limited (HCCW 2452011, 9 April 2013) (QQ Club), the Court of

Eurosail - the point of no return: the final chapter

Mayer Brown LLP
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United Kingdom
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May 10 2013

Nearly three years after the High Court decision on the case of BNY Corporate Trustee Services Ltd v Eurosail UK 2007 - 3BL PLC and others was handed

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

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

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

‘Point of no return’ is not the point says Supreme Court

Reed Smith LLP
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United Kingdom
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May 9 2013

So Eurosail-UK 2007-3BL plc (Eurosail) is not 'balance sheet' insolvent, no event of default has occurred under the RMBS notes it has issued and a

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

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Search results

UK Supreme Court clarifies the balance-sheet insolvency test

Events of default? Worth checking your contracts again

Eurosail has the balance been redressed?

Liquidators' costs in a preference claim

Eurosail - the point of no return: the final chapter

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

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

UK Supreme Court issues authoritative decision on 'balance sheet insolvency test'

‘Point of no return’ is not the point says Supreme Court

Rolling back the point of no return: the English Supreme Court clarifies the balance sheet insolvency test

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