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Results: 1-10 of 2,846

What does "advance" mean?
  • Taylor Wessing
  • United Kingdom
  • February 5 2016

The word “advance” does not automatically imply an obligation to repay the funds advanced, nor does it automatically imply a repayment trigger. The


Security over future debts and set off
  • Taylor Wessing
  • United Kingdom
  • February 5 2016

An assignee of future debts was bound by discounting and rebate arrangements concluded between the assignor and its customers despite having given


Individual insolvencies fall to lowest level since 2005
  • Eversheds LLP
  • United Kingdom
  • February 4 2016

The Insolvency Service recently published official statistics showing that the number of individual insolvencies in 2015 fell to the lowest annual


Illegality defence: the position of directors considered - the latest from the Court of Appeal
  • DAC Beachcroft LLP
  • United Kingdom
  • February 1 2016

In Sharma v Top Brands Ltd 2015 EWCA Civ 1140, the Court of Appeal refused to allow a former liquidator of a company (which was a vehicle for VAT


Jackson gives another push towards fixed costs - now in claims worth up to £250,000
  • DWF LLP
  • United Kingdom
  • January 29 2016

It was anticipated that more radical thoughts would emerge from Lord Justice Jackson's latest speech last night to the Insolvency Practitioners'


Subrogation to unpaid vendor's lien
  • Shoosmiths LLP
  • United Kingdom
  • January 28 2016

In the recent case of Bank of Cyprus UK Limited v Menelaou, the Supreme Court showed the flexibility of the equitable remedy of unpaid vendor's lien


The scope of ‘credit’ under the Consumer Credit Act 1974 - Burrell and others v Helical (Bramshott Place) Limited
  • Eversheds LLP
  • United Kingdom
  • January 28 2016

This case concerned whether a fee payable by a tenant for assigning the lease involved the provision of "credit" for the purposes of the Consumer


Cross Border Restructuring and Insolvency Update - January 2016
  • Ashfords LLP
  • Australia, European Union, Ireland, Luxembourg, United Kingdom
  • January 28 2016

The ECJ have ruled that a director of an English company that had entered into insolvency proceedings in Germany is liable to reimburse the company


Do receivers owe duties to bankrupt mortgagors?
  • RPC
  • United Kingdom
  • January 26 2016

The Court of Appeal has recently considered whether an LPA Receiver owes a duty of care to a bankrupt mortgagor in connection with the way the


CFA and ATE costs exemption for insolvent companies to be lifted in April 2016
  • Hausfeld LLP
  • United Kingdom
  • January 22 2016

In 2013 as part of the so called “Jackson reforms” to civil litigation, the ability to recover Conditional Fee Arrangement (“CFA”) success fees and