We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 73

Horton v Henry 2014 - High Court contradicts earlier case by ruling bankrupt cannot be required to draw pension to pay creditors
  • Norton Rose Fulbright LLP
  • United Kingdom
  • January 26 2015

Declining to follow a 2012 decision, the High Court has ruled that a bankrupt's unexercised rights to draw his pension did not represent income to


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


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


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


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


Gleave and others v Board of the Pension Protection Fund
  • Norton Rose Fulbright LLP
  • United Kingdom
  • June 12 2008

The High Court has ruled that calculations of employer debt by scheme actuaries cannot be challenged by insolvency practitioners unless there is evidence of fraud or error


A scheme actuary’s calculation of the sponsoring employer’s debt cannot be challenged by insolvency practitioners in the absence of fraud or error
  • Norton Rose Fulbright LLP
  • United Kingdom
  • July 23 2008

The High Court ruled that calculations of employer debt by scheme actuaries cannot be challenged by insolvency practitioners unless there is evidence of fraud or error


Modernising the insolvency protections for the operation of financial markets - proposals to reform Part 7 of the 1989 Companies Act
  • Norton Rose Fulbright LLP
  • United Kingdom
  • August 7 2008

On 25 July 2008, HM Treasury published a Consultation Paper entitled Modernising the insolvency protections for the operation of financial markets - proposals to reform Part 7 of the 1989 Companies Act


FSA press release - Lehman Brothers Holding Inc
  • Norton Rose Fulbright LLP
  • United Kingdom
  • September 22 2008

On 15 September 2008, the FSA published a statement concerning Lehman Brothers Holding Inc


Insolvency in property
  • Norton Rose Fulbright LLP
  • United Kingdom
  • October 2 2009

The property industry has seen a dramatic decline in capital values over the last two years with peak-to-trough falls of approximately 44 per cent compared to a peak-to-trough decline of approximately 27 per cent during the recession of the early 1990s