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Smelting the Assets (directors’ dutiestransactions at undervalue and to defraud creditors)
  • Squire Patton Boggs
  • United Kingdom
  • February 23 2017

Dickinson v NAL (Realisations) Staffordshire Ltd is a useful case on how directors’ duties are looked at following a formal insolvency and ways in

The High Court considers questions relating to the location of three companies' COMIs and an alleged "improper motive" regarding the appointment of administrators
  • Ashfords LLP
  • United Kingdom
  • February 22 2017

This case concerned the Administration of three companies: FREP (Knowle) Limited, FREP (Ellesmere Port) Limited and FREP (Belle Vale) Limited (the

Schemes of arrangement: splitting debts to sanction?
  • DLA Piper LLP
  • United Kingdom
  • February 22 2017

In the first case of its kind, the High Court in England has prevented a shareholder from splitting its shareholding in an attempt to defeat the

Wasted costs applications: a Kafkaesque conundrum
  • Hardwicke
  • United Kingdom
  • February 21 2017

To start, let me introduce some familiar characters. First, an impecunious claimant who has the benefit of after the event (ATE) insurance, but the

Protected Trust Deeds and PPI: Part Three
  • Shepherd and Wedderburn LLP
  • United Kingdom
  • February 20 2017

The question of who is entitled to payment of compensation for PPI where a debtor has been discharged from hisher Protected Trust Deed (PTD) had

English Court considers the issue of COMI location for 3 Jersey companies
  • Squire Patton Boggs
  • European Union, Jersey, United Kingdom
  • February 16 2017

The recent case of Thomas & another v Frogmore Real Estate Partners & others 2017 EWHC 25 (Ch) provides useful guidance for anyone analyzing the

Wealth and trusts quarterly digest February 2017
  • RPC
  • British Virgin Islands, United Kingdom
  • February 16 2017

Welcome to the February 2017 edition of our wealth and trusts quarterly digest. The digest provides up to date commentary and analysis on key sector

When is 'close of business'?
  • Shoosmiths LLP
  • United Kingdom
  • February 15 2017

'Close of business' is a term many people use in their day to day working life without much thought. But what does it actually mean and should the

Going GAGA - the problem with pharmacy lease guarantees
  • Charles Russell Speechlys
  • United Kingdom
  • February 15 2017

You will have previously seen a landlord's consent is usually required to enable a pharmacist to assign or sell their lease to a third party. It is

Directors of a solvent company are under no duty to prioritise the interests of potential creditors when entering transactions, even where there is a recognised risk of insolvency
  • Kingsley Napley
  • United Kingdom
  • February 14 2017

Norton Aluminium Limited ("the Company") went into administration in August 2012 when it received a draft judgment in favour of local residents in a