- Duties of insolvency office-holders when assigning causes of action (LF2 Ltd v Supperstone and another)
- What are the practical implications of this case?
- What was the background?
- What did the court decide?
Restructuring & Insolvency analysis: Insolvency office-holders are under a duty not to assign a cause of action that is without merit. However, it is for the party opposing an assignment to prove that it does not have any prospect of success. Reuben Comiskey of Radcliffe Chambers, a specialist in insolvency and commercial disputes who acted for the respondent administrators, discusses the court’s findings.
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