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Insolvency proceedings and foreign companies
  • Ogier
  • United Kingdom
  • January 23 2015

The High Court of England and Wales may refuse to exercise its discretion to wind up companies incorporated abroad where there would be little

PPF levy 201516: final rules
  • Burges Salmon LLP
  • United Kingdom
  • January 20 2015

The PPF's final levy rules for 201516 published at the end of last year largely confirmed the consultation drafts but included changes in some

Bankruptcy and Debt Advice (Scotland) Act 2014
  • CMS
  • United Kingdom
  • March 4 2015

As part of the Scottish Government's aim of introducing a "Financial Health Service" in Scotland, the Bankruptcy and Debt Advice (Scotland) Act 2014

Just how far should a conveyancing solicitor go to check the seller's solvency?
  • Bond Dickinson LLP
  • United Kingdom
  • March 9 2015

In a High Court decision this week it was held that there is no general duty on a solicitor to check the credit status of the seller in a

PPF levy 201516: insolvency scoring confirmed and changes on guarantees
  • Burges Salmon LLP
  • United Kingdom
  • October 20 2014

The PPF is going ahead with the new insolvency scoring system developed by Experian. It is also raising its requirements for contingent asset

Beyond the brown envelope
  • Dentons
  • United Kingdom
  • January 5 2015

For over 150 years, it has been a principle of English law that if an agent takes a bribe or a secret commission, he is liable to account to his

Uncrystallised pensions benefits can be protected from creditors says High Court
  • Mills & Reeve LLP
  • United Kingdom
  • December 29 2014

The High Court has declined to follow an earlier decision and ruled that a trustee in bankruptcy could not gain access to pensions benefits that were

Insolvent companies, the 'statutory purpose' and administrations
  • Taylor Wessing
  • United Kingdom
  • October 4 2016

I can show that a company is insolvent and that it is reasonably likely that the statutory purpose can be achieved. I can have an administration

(Re)insurance Weekly Update 35- 2016
  • Clyde & Co LLP
  • United Kingdom
  • October 10 2016

The claimant challenged an award of costs in which the arbitrator had included the costs of litigation funding. In so doing, the arbitrator had

Glossary of Corporate Insolvency Terms
  • Begbies Traynor Group plc
  • United Kingdom
  • October 10 2016

The Official appointed to monitor personal insolvency procedures. She will also act as trustee where no insolvency practitioner is nominated on a