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Do the UK’s interest on late payment rules apply to my international contract?

  • Squire Patton Boggs
  • -
  • United Kingdom
  • -
  • July 8 2014

The UK High Court has given a useful ruling on when statutory interest can be charged on debts arising under contracts expressed to be subject to

Leave to appeal granted in Enviroco case

  • Squire Patton Boggs
  • -
  • United Kingdom
  • -
  • May 27 2010

The Supreme Court has granted Enviroco leave to appeal the Court of Appeal's decision in Enviroco Ltd v Farstad Supply AS

Company not a ‘subsidiary’ where parent has charged its shares

  • Squire Patton Boggs
  • -
  • United Kingdom
  • -
  • January 28 2010

In Enviroco Limited v Farstad Supply AS, the Court of Appeal held that where a parent company provided shares in its subsidiary as security for a loan and the shares were registered in the name of the lender, the subsidiary would no longer be a ‘subsidiary’ within the meaning of sections 736 and 736A of the Companies Act 1985