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Legal update on Insolvency law - December 2018

New Zealand, Australia, United Kingdom, Global - December 13 2018 The High Court considered for the first time an application by Reserve Bank of New Zealand (the...

Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Peter Niven, Myles O'Brien, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer, Susan Rowe.


Creditors' compromise Part 2: the view of the High Court of England and Wales

United Kingdom - August 24 2018 The High Court in England was asked to consider sanctioning a scheme of arrangement between Lehman Brothers International (Europe) (in administration)...

Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Peter Niven, Myles O'Brien, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer, Susan Rowe.


Assignment of debt and security interest without consent deemed invalid

New Zealand - August 24 2018 FTG Securities Limited involved an application by FTG Securities Limited (FTG) for declarations as to the interpretation of a Deed of Priority. The...

Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Myles O'Brien, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer.


CBL Insurance placed into interim liquidation

New Zealand - August 24 2018 The High Court placed CBL Insurance Ltd (CBLI) into interim liquidation on the application of the Reserve Bank of New Zealand in February 2018. CBLI...

Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Peter Niven, Myles O'Brien, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer, Susan Rowe.


Operation of s179 Property Law Act 2007 substantially clarified

New Zealand - August 24 2018 Section 179 Property Law Act 2007 (PLA) allows a mortgagee to elect to adopt an existing agreement for sale and purchase in respect of mortgaged...

Jan Etwell, Scott Abel, David Broadmore, Bridie McKinnon, Kelly Paterson, Oliver Gascoigne, Peter Niven, Myles O'Brien, Mathew Triggs, Scott Barker, David Perry, Laura O'Gorman, Willie Palmer, Susan Rowe.