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Results: 1-10 of 73

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


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


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


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


Update on Lifemark
  • Norton Rose Fulbright LLP
  • Luxembourg, United Kingdom
  • February 22 2010

The FSA has published a short update on Lifemark S.A. (Lifemark


FSA statement to the US bankruptcy court examiner on the collapse of Lehman Brothers Holding Inc
  • Norton Rose Fulbright LLP
  • United Kingdom, USA
  • March 22 2010

The FSA has published the statement that it has provided to the court appointed examiner of Lehman Brothers Holding Inc, which is referred to in his wider report on the collapse of Lehman Brothers published on 11 March 2010


HM Treasury consultation proposes changes to the administration regime for insurers
  • Norton Rose Fulbright LLP
  • United Kingdom
  • March 31 2010

On 25 March 2010, HM Treasury published a consultation paper which proposes improvements to the protection and payment of benefits for policyholders of insurers in financial difficulty


Update on The Freedom SIPP Limited - In Liquidation
  • Norton Rose Fulbright LLP
  • United Kingdom
  • February 8 2010

The FSA has published a statement that provides an update on The Freedom SIPP Limited - In Liquidation


Refund guarantees and shipbuilding contracts
  • Norton Rose Fulbright LLP
  • United Kingdom
  • June 3 2010

We have received a number of urgent enquiries about the outcome of the Kookmin Bank case, which was recently decided by the Court of Appeal, in London