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Bankruptcy - vesting of causes of action, hybrid claims & limitation
  • Winckworth Sherwood
  • United Kingdom
  • October 3 2014

On the making of a bankruptcy order, the bankrupt’s estate vests in the Trustee in Bankruptcy. However, it is not always clear exactly what falls

Insolvency update: Alpari creditors’ meeting set for 12 March
  • Collyer Bristow LLP
  • United Kingdom
  • March 11 2015

The administrators of collapsed forex currency broker Alpari (UK) have announced that the creditors' meeting will be held on 12 March. See the link

JSC Mezhdunarodniy Bank v Pugachev
  • Clyde & Co LLP
  • United Kingdom
  • March 10 2015

A liquidator of a bank obtained a freezing order against the Russian defendant, in aid of Russian proceedings. One of the assets frozen by the order

Tenants in administration and landlords: the rules of the Game change (again)
  • Teacher Stern
  • United Kingdom
  • November 14 2014

In recent Court decisions, the balance between Administrators and Landlords has shifted backward and forwards with great regularity. Both sides have

Update: payment of rent by tenants in administration certainty in the law at last
  • Teacher Stern
  • United Kingdom
  • November 18 2014

It is now settled law that when an Administrator retains occupation of leasehold property on the basis that it will benefit of the company's

UK Government consults on mandatory supply of IT services to insolvent customers
  • DLA Piper LLP
  • United Kingdom
  • July 24 2014

The UK Government has released a long awaited consultation document proposing new controls on IT suppliers' dealings with customers facing insolvency

Re Pan Ocean: Cross Border Insolvency Regulations - what relief can the court grant?
  • Radcliffe Chambers
  • United Kingdom
  • October 1 2014

The English Court does not have the power under the Cross Border Insolvency Regulations to grant relief in aid of insolvency proceedings in a foreign

Major changes afoot to calculating the PPF levy
  • Bond Dickinson LLP
  • United Kingdom
  • September 30 2014

Earlier this year, the Pension Protection Fund (PPF) published its consultation on the second PPF Levy Triennium (201516 to 201718) which proposed

Insolvency in the fashion retail sector understanding and managing the risks of an insolvent acquisition
  • DLA Piper LLP
  • United Kingdom
  • October 1 2014

In our "Insolvency in the fashion retail sector: the risks and opportunities" article in the Q2 edition of Global Insight, we looked at the challenges

Restructurings - don't forget the tax man
  • Dentons
  • United Kingdom
  • December 11 2014

When undergoing a restructuring, a borrowerofficeholder's main focus is often the company's lenders. However, there are occasions when HMRC's