In recent years, regulators from across the professional spectrum have invested heavily in devising new procedures for handling complaints. Often
New rules imposing extra regulation on pre-packaged insolvency sales by liquidators and administrators were expected to go live in October, but they will not now come into force before April 2012, according to the Insolvency Service.
If an application for a non-party costs order cannot be made on the documents already available, it should not normally be made at all.
The cuts revealed in the Comprehensive Spending Review have not been quite as bad as the construction industry had apparently been expecting (£3.5 billion not as bad).
Christmas came early for landlords last year when the High Court handed down its decision in this case.
The liquidators of the HIH group of Australian insurance companies appealed against the decisions of the High Court and the Court of Appeal that certain assets of the HIH group, mostly reinsurance claims on policies taken out in the London market, should not be remitted to Australia.
Although CPR 38.6 provides that a claimant who discontinues will usually be liable for the defendant’s costs, this is not invariably the case.
The ex turpi causa non oritur actio rule comes into play where the claim is founded on, or arises from, an illegal act of the claimant, or where the illegal act has to be pleaded or relied upon in order to sustain the claim.
The claimant and his wife were directors of a company which owned a hotel.
The State of New Jersey Appellate Court ruled that the final dividend plan (“FDP”) proposed by the liquidator for Integrity Insurance Company (“Integrity”) was invalid in part because incurred but not reported (“IBNR”) claims were improperly included in the valuation of claims by its policyholders.