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Results: 11-20 of 2,512

Statutory demand and cross-claim reduces debt to below bankruptcy level
  • Taylor Wessing
  • United Kingdom
  • June 8 2015

A Court always has discretion whether to set aside a statutory demand based upon cross claims. The facts A debtor applied to Court to have a


Lehman Waterfall confirmed
  • Taylor Wessing
  • United Kingdom
  • June 8 2015

The Court of Appeal has recently given detailed guidance on what happens to the surpluses available in the insolvency of companies after dealing with


Cross Border Insolvency Regulations and disbursement of funds
  • Taylor Wessing
  • United Kingdom
  • June 8 2015

No recognition order was made where the main foreign insolvency proceedings had ended even where the plan agreed in those proceedings was in part


English court's jurisdiction to sanction schemes of arrangement
  • Taylor Wessing
  • United Kingdom
  • June 8 2015

Changing the governing law of a credit agreement or loan notes to English law helps to form a basis to implement an English scheme of arrangement.The


Defendants receive custodial sentences for contempt of court in VAT case
  • RPC
  • United Kingdom
  • June 3 2015

In the recent case of HMRC v Munir & Others, HMRC successfully applied to the Court for committal of three company officers for contempt of court


Lessons from Nortel: what do the recent allocation decisions mean?
  • Macfarlanes LLP
  • Canada, United Kingdom, USA
  • May 28 2015

Around 33,000 UK-based pensioners of the Nortel group look set to receive a greater share of the group’s $7bn worldwide assets, following a joint


UK Supreme Court issues key ruling for liquidators bringing claims against fraudulent company directors
  • Allen & Gledhill LLP
  • United Kingdom
  • May 28 2015

Jetivia S.A. & Anor v Bilta (UK) Limited (in liq) & Ors is a UK Supreme Court case where the directors of a company committed a fraud which caused the


Financial litigation roundup - Spring 2015
  • RPC
  • European Union, Hong Kong, Singapore, United Kingdom
  • May 26 2015

The High Court clarifies the position regarding liability of investment managers, applying established legal principles of agency and inducement


Take note: amended UK insolvency law now in force!
  • Squire Patton Boggs
  • United Kingdom
  • May 26 2015

On 26 May 2015 new UK insolvency law changes take effect and all insolvency practitioners and stakeholders should be aware of these amended rules


High Court considers business purpose exemption and non-commercial agreements
  • Eversheds LLP
  • United Kingdom
  • May 21 2015

The recent appeal to the High Court in Woolsey v Payne 2015 EWHC 968 (Ch), from the Chief Registrar in insolvency proceedings, considered the