Bankruptcy orders—to rescind or to annul? (Yang v Official Receiver and others)

Table of contents

• Original news
• What is the background to the case and the issues arising within it that are pertinent to insolvency professionals?
• What were the main legal arguments raised?
• What did the court decide, and why?
• What are the practical implications of this case for insolvency lawyers advising their clients?
• To what extent is the judgment helpful in clarifying the law in this area?
• To what extent is the judgment unhelpful, and what practical lessons are there to be learned?

Article summary

Restructuring & Insolvency analysis: Karen Troy, barrister at Exchange Chambers in Manchester, and who acted in the case, explains the implications of the Court of Appeal’s decision in Yang v Official Receiver and others.