Restructuring & Insolvency monthly highlights—July 2017

Table of contents

• Administration
• Automatic crystallisation clauses and effect on appointment of administrators (Saw (SW) 2010 Ltd and another v Wilson)
• Evidence and evidence gathering
• Re Lemos; Leeds and another (in their capacity as the joint trustees in bankruptcy of the estate of Lemos) v Lemos and others
• Statutory demands
• Non-receipt of statutory demands and bankruptcy petitions can still be good service (Re Emmanuel)
• Order of payments
• Ranking and redemption in investment funds (Pearson v Primeo Fund (Cayman Islands))
• Cross-border co-operation
• INSOL protocol aims to reduce costs and administration by enabling recognition across borders

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Article summary

This month’s edition of Restructuring & Insolvency highlights includes case reports considering whether the holder of a second ranking floating charge was entitled to appoint administrators, and whether statutory demands and bankruptcy petitions can be served even where not received by the debtor, together with a round up of other restructuring and insolvency news.