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A cautious tale in avoiding personal liability in insolvency Re Ralls Builders Ltd (in liquidation) 2016
  • DAC Beachcroft LLP
  • United Kingdom
  • May 25 2016

Directors can be held liable to contribute to company assets if they knew or ought to have known at a point before the commencement of administration


Joint evidence session between the work and pensions and business innovation and skills select committees on the collapse of BHS - day two: adviser group 1
  • Penningtons Manches LLP
  • United Kingdom
  • May 25 2016

Monday 23 May saw the turn of the advisers. This update concentrates on what we will call "adviser group 1" comprising Emma King, the trustees pension


Unpacking the Matryoshka doll: English courts clarify joint and successive interests in privilege
  • Buddle Findlay
  • New Zealand, United Kingdom
  • May 20 2016

In Shlosberg v Avonwick Holdings Ltd 2016 EWHC 1001 (Ch), Mr Shloesberg applied for an order restraining Dechert (a firm of solicitors) from acting


Third Parties (Rights Against Insurers) Act 2010 due to come into force
  • Clyde & Co LLP
  • United Kingdom
  • May 19 2016

The Act, which received Royal Assent as long ago as 25 March 2010, is finally due to come into force on 1 August 2016. It has the intention of


The End of the Insolvency Shield for Insurers?
  • Squire Patton Boggs
  • United Kingdom
  • May 18 2016

The Third Parties (Rights Against Insurers) Act 2010 ("TPR") will finally come into force on 1 August 2016, making it easier for third parties to


Information and consultation in insolvencies - who wins, really?
  • Squire Patton Boggs
  • United Kingdom
  • May 18 2016

The Employment Tribunal ruled last month that the former employees of Sahaviriya Steel Industries UK Limited (in liquidation) are entitled to the


Court considers dismissed bankruptcy petition following party’s misleading conduct
  • Kingsley Napley
  • United Kingdom
  • May 17 2016

It was decided that a bankruptcy order should have been made in circumstances where the debtor had misled the creditors when agreeing and entering


Retention of Title - A Practical Guide for Manufacturers and Suppliers
  • Bond Dickinson LLP
  • United Kingdom
  • May 16 2016

In the first 3 months of this year, company insolvencies increased for the first time since 2014. In April, UK manufacturing activity contracted for


In dire straits: The true nature of bunker supply contracts, and where now for affected shipowners after OW Bunker's insolvency?
  • 20 Essex Street
  • United Kingdom
  • May 16 2016

Last week, the Supreme Court handed down judgment in this case, which has been the subject of huge industry interest since its inception following


Information and consultation in insolvencies - who wins, really?
  • Squire Patton Boggs
  • United Kingdom
  • May 16 2016

The Employment Tribunal ruled last month that ex-employees of Sahaviriya Steel Industries UK Limited (in liquidation) (“SSI”) are entitled to the