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20 results found

Article

Buddle Findlay | United Kingdom | 29 Jun 2017

Security for costs against liquidator

The UK case of Cherkasov & Ors v Olegovich, the Official Receiver of Dalnyaya Step concerns an application for security for costs against a

Article

Buddle Findlay | New Zealand | 29 Jun 2017

Direct agreements can protect builders from insolvent developers

Ebert Construction Limited v Sanson concerned the question of whether payments made by a third party under a 'direct agreement' to finance

Article

Buddle Findlay | New Zealand | 29 Jun 2017

Final word on Ponzi scheme clawback

The Supreme Court in McIntosh v Fisk upheld the Court of Appeal decision permitting the liquidators of Ross Asset Management Ltd (RAM) to claw back

Article

Buddle Findlay | United Kingdom | 29 Jun 2017

Security for costs ordered against liquidator with litigation funder

The liquidators of a group of companies related to property investor, David Henderson, have recently been ordered to pay a substantial sum for

Article

Buddle Findlay | New Zealand | 20 Mar 2017

Prejudicial transactions, director's duties and surrender of security

The liquidators of Marathon Imaging Limited (Marathon) brought a claim against the company's director, Mr Greenhill, for a prejudicial disposition of

Article

Buddle Findlay | New Zealand, Australia | 20 Mar 2017

Liquidators entitled to a fair fee

The New South Wales Court of Appeal recently handed down an important judgment on the remuneration of registered liquidators. Sakr concerned an

Article

Buddle Findlay | Australia | 20 Mar 2017

Liquidators not to be removed for refusing creditor's request

In this Australian case, a major creditor of the company in question alleged that it was involved in Phoenix activity and offered to fund a public

Article

Buddle Findlay | New Zealand, Australia, United Kingdom | 20 Mar 2017

Legal update on insolvency law - March 2017

The New South Wales Court of Appeal recently handed down an important judgment on the remuneration of registered

Article

Buddle Findlay | United Kingdom | 20 Mar 2017

Liquidator not personally liable for costs

In Fielding v The Burnden Group Limited (BGL) the English High Court dismissed an application for the liquidator to be held personally liable for the

Article

Buddle Findlay | New Zealand | 20 Mar 2017

The perils of litigation funding and what it means to commence proceedings

Commercial Factors Ltd v Meltzer concerned a funding agreement between Commercial Factors Ltd (CFL) and the liquidators of Blue Chip New Zealand Ltd

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