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Results: 1-10 of 38

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


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


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


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


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


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


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


Directors’ duties
  • Norton Rose Fulbright LLP
  • United Kingdom
  • February 6 2009

The following is a broad overview of the duties and liabilities of directors when their company is in financial difficulties


Unincorporated association obtains order for winding-up on prospect of entering PPF - Construction Confederation case
  • Norton Rose Fulbright LLP
  • United Kingdom
  • February 22 2010

In the case of In the matter of Construction Confederation and In the matter of the Insolvency Act 1986 2009 EWHC 3551 (Ch), the trustees of the Construction Confederation Staff Pension Scheme have obtained an order for winding up of the sponsoring employer, an unincorporated association


CESR publishes a report on the Lehman Brothers default and provides an assessment of the market impact
  • Norton Rose Fulbright LLP
  • United Kingdom
  • March 30 2009

On 23 March 2009, the Committee of European Securities Regulators (CESR) published a report on the market impact of the Lehman Brothers default