2018: Key Restructuring & Insolvency cases [Archived]
2018: Key Restructuring & Insolvency cases [Archived]

The following Restructuring & Insolvency guidance note provides comprehensive and up to date legal information covering:

  • 2018: Key Restructuring & Insolvency cases [Archived]

This Practice Note has been archived and is not maintained.

Name of parties and citation(s) Judgment date Subject LexisPSL Analysis
Sleight (as trustee of the estate of Jillian Paula Mascall deceased) v Crown Estate Commissioners [2018] EWHC 3489 (Ch), [2018] All ER (D) 111 (Dec) 19 December 2018 Vesting orders following disclaimer Can a trustee in bankruptcy apply for a vesting order post-disclaimer? (Sleight (as trustee of the estate of Jillian Paula Mascall deceased) v Crown Estate Commissioners)
Bakhshiyeva (in her capacity as the foreign representative of the OJSC Internationl Bank of Azerbaijan) v Sberbank of Russia [2018] EWCA Civ 2802 18 December 2018 Upholds the Gibbs rule (which states a debt governed by English law cannot be discharged or compromised by a foreign insolvency proceeding). The ruling is of significance to financial institutions, creditors or any commercial party with contracts governed by English law Court of Appeal upholds the Gibbs rule (Gunel Bakhshiyeva (in her capacity as the foreign representative of the OJSC