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Bankruptcy orders and the mutual assistance regime

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Published on: 05 July 2016

Published by a LexisNexis Restructuring & Insolvency expert

Table of contents

Original news
What practical lessons can those advising take away from this case?
What was the background to the hearing?
What were the legal issues the chief registrar had to decide?
What did the chief registrar decide, and why?
To what extent is the judgment helpful in clarifying the law in this area?

Article summary

Restructuring & Insolvency analysis: The decision in Revenue and Customs Commissioners v Smart establishes the principles to be applied when a bankruptcy court is asked to go behind a judgment and when it is alleged that an offer to secure or compound has been unreasonably refused, as Katherine Hallet, barrister at Three Stone explains.

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