Results 6 to 10 of 41

Pension schemes: priority status in insolvency revoked

United Kingdom - July 30 2013 A recent overruling by the Supreme Court has revoked the priority status of pension schemes issued with a Financial Support Direction (FSD) or…

Martyn Shaw

Don't wind-up in trouble when you wind-up

United Kingdom - January 18 2013 On 15 January 2013, OSCR published a report following its investigation into the winding up of a regeneration charity, Glasgow East Regeneration…

Robin Fallas, James Keith

Lifting the moratorium in administration

United Kingdom - November 26 2012 When a company goes into administration, it benefits from a "moratorium" that prevents creditors taking legal and other proceedings against the company or its assets.

John Reid

Retail administrators - beware of the Scottish hypothec

United Kingdom - January 11 2012 The recent flurry of news reports regarding the administration of high street retail chains and the subsequent sale of parts of their businesses is perhaps an opportune time to flag up the renewed importance that the hypothec plays in Scottish property law.

Ian Bowie

Getting your priorities right

United Kingdom - January 4 2012 Agreements with administrators often contain provisions to the effect that any claim against the company in administration will rank only as an unsecured claim and not as an expense of the administration.

John Reid