United Kingdom - October 20 2011 Recently, the Court of Appeal upheld the High Court's decision in the Nortel Networks and Lehman Brothers disputes.
United Kingdom - October 19 2011 In Finnerty v Clark, the Court of Appeal has given guidance on what constitutes "good and sufficient" grounds for the removal of administrators.
United Kingdom - October 13 2011 The recent case of Stephen Petitioner offers some clarification regarding issues relating to the validity of appointment of administrators.
United Kingdom - September 14 2011 Sections 216 and 217 of the Insolvency Act impose draconian sanctions on directors of liquidated companies who reuse "prohibited names".
United Kingdom - June 15 2011 As reported in our recent e-update on the case of Echelon Wealth Management Limited (in liquidation), Lord Glennie has determined that liquidators who are removed from office have no right to retain assets as security for remuneration and costs.