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Results: 1-10 of 38

Horton v Henry 2014 pensions and bankruptcy appeal allowed
  • Norton Rose Fulbright LLP
  • United Kingdom
  • February 19 2015

Of general interest is the appeal in the case of Horton v Henry, on which we reported in our January 2015 update. In Horton, the High Court declined


Voidable transactions in insolvency
  • Norton Rose Fulbright LLP
  • United Kingdom
  • May 2 2014

In a commercial lending context, there are three main situations under English law where an insolvency officer can set aside security entered into in


Housing Grants, Construction and Regeneration Act 1996
  • Norton Rose Fulbright LLP
  • United Kingdom
  • June 1 2007

Under the JCT suite of contracts, an employer is entitled to terminate the contractor’s employment where the contractor has become insolvent (including the appointment of administrative receivers in relation to the contractor


Company debt buy-back
  • Norton Rose Fulbright LLP
  • United Kingdom
  • October 19 2009

On 14 October 2009 the Government announced a major change to the way in which company buy-backs of debt will be taxed


Settlement reached in Lehman Brothers financial support direction case
  • Norton Rose Fulbright LLP
  • United Kingdom
  • August 28 2014

Again, of interest to all schemes providing defined benefits is the recent settlement in the litigation involving the Lehman Brothers Scheme, where


Fixed versus floating charges
  • Norton Rose Fulbright LLP
  • United Kingdom
  • May 2 2014

They give a lender a higher position in the queue for the net proceeds of a borrower's assets in the event of a borrower's insolvency. Fixed and


Establishing resolution arrangements for investment banks
  • Norton Rose Fulbright LLP
  • United Kingdom
  • January 22 2010

In May 2009, the Treasury published a discussion paper entitled Developing effective resolution arrangements for investment banks


Arbitrating against companies in administration
  • Norton Rose Fulbright LLP
  • Australia, United Kingdom
  • March 13 2012

On 5 October 2011, the NSW Supreme Court upheld an application pursuant to s 440D(1) of the Corporations Act 2001 (Cth) for leave to bring and continue proceedings against a defendant under voluntary administration


Priority for expenses handling claims
  • Norton Rose Fulbright LLP
  • United Kingdom
  • February 26 2007

This case concerns whether a claim to reimbursement of claims-handling expenses should have priority over other creditors on insolvency of the insured


Determining termination values under the GMRA - avoiding the banana skins
  • Norton Rose Fulbright LLP
  • United Kingdom
  • October 14 2008

Following the administration proceedings recently instituted against a number of UK entities (Affected Companies), many counterparties (Counterparties) may wish to terminate transactions under the TBMAISMA Global Master Repurchase Agreement (GMRA) entered into between them and Affected Companies