Karl Anderson#6016

Karl Anderson

Barrister, 4 Stone Buildings
Karl is a barrister with a broad commercial chancery practice. He is equally comfortable with being instructed on matters relating to banking and finance, restructuring and insolvency, company law, civil fraud, and general commercial disputes. He frequently appears, both on his own and as part of a larger team, in the High Court and the County Court.
 
Examples of recent instructions include Autonomy Corporation Ltd v Lynch and Mayr v CMS Cameron McKenna Nabarro Olswang LLP, both of which featured in The Lawyer’s ‘Top 20 Cases of 2019’.
 
Karl is also a contributing editor to Zuckerman on Civil Procedure 4th Ed. (2020) (forthcoming) and a contributor to Loose and Griffiths on Liquidators 9th Ed. (LexisNexis® 2019).
Contributed to

11

Company statutory demand—the position under The Insolvency (England and Wales) Rules 2016
Company statutory demand—the position under The Insolvency (England and Wales) Rules 2016
Practice notes

This Practice Note covers the position under the Insolvency (England and Wales) Rules 2016, SI 2016/1024 post–6 April 2017. This Practice Note, produced in partnership with Eleanor Holland and Karl Anderson of 4 Stone Buildings, considers statutory demands in the context of corporate debtors. It provides guidance on the drafting of a statutory demand, including the correct what information the statutory demand must contain, and sets out the requirements as to how to serve the statutory demand on the corporate debtor. Finally, it sets out what the consequences are to a corporate debtor if it fails to comply with a statutory demand served on it, principally that it will allow the creditor to present a winding-up petition against the corporate debtor.

Compulsory liquidation—issuing a petition
Compulsory liquidation—issuing a petition
Practice notes

This Practice Note, produced in partnership with Eleanor Holland and Karl Anderson of 4 Stone Buildings, sets out various circumstances when a company may be wound up by the court (ie compulsory liquidation), including resolution by the company itself, where the company has not commenced trading or suspends its business, on just and equitable grounds, or when a creditor asserts that the company is insolvent, usually because it is unable to pay its debts.

Compulsory winding up of a company—the process and procedure
Compulsory winding up of a company—the process and procedure
Practice notes

This Practice Note, produced in partnership with Eleanor Holland and Karl Anderson of 4 Stone Buildings, provides guidance as to the practice and procedure on the presentation of a winding-up petition by a creditor of a company. It considers the checks to be undertaken and information obtained prior to presenting a winding-up petition, and the steps to be taken by following issue, including the service and advertisement of the winding-up petition. Finally, this Practice Note looks at the steps the debtor company should take if it intends to oppose the winding-up petition, and what the petitioning creditor needs to do if it wishes to withdraw the winding-up petition.

Creditors' voluntary liquidation—circumstances in which an insolvent company may be wound up voluntarily
Creditors' voluntary liquidation—circumstances in which an insolvent company may be wound up voluntarily
Practice notes

This Practice Note, produced in partnership with Karl Anderson of 4 Stone Buildings, sets out the circumstances surrounding a creditors’ voluntary liquidation, when an insolvent company may be wound up by its own directors. The company must be insolvent in order for this process to happen, otherwise the company may be wound up by way of a solvent members’ voluntary liquidation (MVL).

Effect on proceedings against a company being wound up and after a winding-up order is made
Effect on proceedings against a company being wound up and after a winding-up order is made
Practice notes

This Practice Note, produced in partnership with Eleanor Holland and Karl Anderson of 4 Stone Buildings, looks at the effect on court proceedings where the defendant company either has a winding-up order made against it, or where its members pass a resolution for its winding up, or where a winding-up petition is presented against it.

Following the making of a compulsory winding up order by the court
Following the making of a compulsory winding up order by the court
Practice notes

This Practice Note, produced in partnership with Eleanor Holland and Karl Anderson of 4 Stone Buildings, sets out the consequences and effect of the making of a winding-up order by the court on a creditor’s winding-up petition, also known as a compulsory liquidation or winding-up, including the steps that the official receiver is required to take, what happens to the directors’ powers, and who the liquidator will be.

How to commence a voluntary winding up—the position under The Insolvency (England and Wales) Rules 2016
How to commence a voluntary winding up—the position under The Insolvency (England and Wales) Rules 2016
Practice notes

This Practice Note, produced in partnership with Karl Anderson of 4 Stone Buildings, provides detail on the procedure to wind-up (place into voluntary liquidation) a company, both for an MVL and a CVL.

The effect of a company voluntary winding-up—the position under The Insolvency (England and Wales) Rules 2016
The effect of a company voluntary winding-up—the position under The Insolvency (England and Wales) Rules 2016
Practice notes

This Practice Note, produced in partnership with Karl Anderson of 4 Stone Buildings, states what the effects of a CVL (also known as creditors voluntary liquidation or winding-up) are on the company itself, its officers, members, and employees.

Validation orders—dispositions of property after commencement of winding up
Validation orders—dispositions of property after commencement of winding up
Practice notes

This Practice Note, produced in partnership with Eleanor Holland and Karl Anderson of 4 Stone Buildings, covers the situation when an application to court is to be made pursuant to section 127 of the Insolvency Act 1986 for a validation order in circumstances where any disposition of the company’s property after presentation against it of a winding-up petition would otherwise be void. It deals with requests to allow payments to be made by the company in the ordinary course of its business, as well as an order permitting the sale of a specific property. This can apply to both prospective—as well as retrospective—dispositions of the company’s property. The validation order is usually for a specific period and is also usually limited to a specific purpose, which will be set out in the validation order granted. This Practice Note details when to make an application, how to make that application, in what circumstances the court will typically make an order and urgent applications.

Other work

Creditors’ voluntary liquidation—the process post resolution and exit strategies—checklist
Creditors’ voluntary liquidation—the process post resolution and exit strategies—checklist

This Checklist, produced in partnership with Karl Anderson of 4 Stone Buildings sets out the practical steps that a liquidator must take once a company has been voluntarily wound up such as providing relevant notifications. It discusses the role directors take once a winding up takes place, what happens to the assets and liabilities, the duties to report under the Company Directors Disqualification Act 1986, the liquidator’s investigations into the company, the distribution of dividends, and finally how a CVL can come to an end.

How to commence a voluntary winding-up, including what documents are needed—checklist—the position under The Insolvency (England and Wales) Rules 2016
How to commence a voluntary winding-up, including what documents are needed—checklist—the position under The Insolvency (England and Wales) Rules 2016

This Checklist covers the position under the Insolvency (England and Wales) Rules 2016, SI 2016/1024 from 6 April 2017. This Checklist, produced in partnership with Karl Anderson of 4 Stone Buildings, sets out the steps and documents required in order to put a company into voluntary liquidation or winding-up.

Practice Area

Panels

  • Case Analysis Panel
  • Contributing Author

Qualified Year

  • 2017

Membership

  • Chancery Bar Association
  • COMBAR

Qualifications

  • BPTC (2017)
  • BCL (2016)
  • BA (Hons) (2015)

Education

  • BPP (2016-2017)
  • Christ Church, University of Oxford (2015-2016)
  • Queens’ College, University of Cambridge (2012-2015)

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