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11 results found

Article

Mills & Reeve LLP | United Kingdom | 3 Apr 2013

New complaints gateway for insolvency practitioners

In recent years, regulators from across the professional spectrum have invested heavily in devising new procedures for handling complaints. Often

Article

Mills & Reeve LLP | United Kingdom | 17 Oct 2011

Pre-pack insolvency sales reforms delayed further

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.

Article

Mills & Reeve LLP | United Kingdom | 23 May 2011

Non-party costs orders

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.

Article

Mills & Reeve LLP | United Kingdom | 7 Dec 2010

Building blocks - insolvency special edition 2010

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).

Article

Mills & Reeve LLP | United Kingdom | 28 Jan 2010

Payment of rent during an administration - good news for landlords

Christmas came early for landlords last year when the High Court handed down its decision in this case.

Article

Mills & Reeve LLP | Australia, United Kingdom | 21 May 2008

Transfer of reinsurance assets abroad

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.

Article

Mills & Reeve LLP | United Kingdom | 28 Nov 2007

Dover Harbour Board v ISS defendants are not guaranteed their costs of a discontinued claim

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.

Article

Mills & Reeve LLP | United Kingdom | 12 Oct 2007

Stone & Rolls Ltd v Moore Stephens application of ex turpi rule to companies suing their auditors

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.

Article

Mills & Reeve LLP | United Kingdom | 12 Jun 2007

Hicks v Russell Jones & Walker duty to consult leading counsel over evidence

The claimant and his wife were directors of a company which owned a hotel.

Article

Mills & Reeve LLP | USA | 9 Feb 2007

IBNR value in US insolvencies

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.

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