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Results: 1-7 of 7

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

Lehman Brothers: client money appeal

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • September 1 2010

Just as this issue of the Insurance and Reinsurance Review was going to press, the Court of Appeal handed down its decision in the appeal in CRC Credit Fund Ltd & Ors v GLG Investments Plc (Sub-Fund: European Equity Fund) & Ors (reported at 2010 EWCA Civ 917) against the decision of Mr. Justice Briggs, reported in our March 2010 issue

Solvent schemes of arrangement revisited: the Scottish Lion revived

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • March 3 2010

Readers of our December 2009 issue will recall that we wrote about the Scottish court decision on the Scottish Lion Insurance Company scheme of arrangement

Lehman case blows a hole in FSA's client money rules

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • March 3 2010

Protecting clients' money and assets has been a pillar of the UK financial regulatory regime

Solvent schemes of arrangement: the Scottish Lion mauled

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom
  • -
  • December 1 2009

Scottish Lion Insurance Company is attempting for the second time to promote a solvent scheme of arrangement to bring its insurance business to an early close