A company has a claim against one of its shareholders. If that shareholder is subsequently adjudged bankrupt and the trustee in bankruptcy (trustee) sells the...
A company sent client money to a third party who had the contractual right to set off their fees from that money. The company subsequently went into administration. The...
A developer goes into administration, leaving a number of plots unbuilt. The developer had taken deposits from individual buyers in respect of those plots. Can the plot...
A firm of solicitors (S) represented a company prior to the company entering administration. S holds a sum of money belonging to the company in its client account. S...
A former residential tenant (A) is liable for rent and insurance arrears under an authorised guarantee agreement. Where the arrears pre-date a bankruptcy order made...
The following Restructuring & Insolvency Q&A provides comprehensive and up to date legal information on A is in administration and owes a sum to B. B owes a sum to A....
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on Administration expenses
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on An insolvency lawyer’s guide to the Financial Services...
Are business rates payable as an expense of the liquidation if the premises were not used by the business during the period for trading? Is there any exemption available...
The following Restructuring & Insolvency Q&A provides comprehensive and up to date legal information on Are repayments from a loan arrangement paid to a company that is...
B and C have a joint and several liability for a debt to A. B and C are subsequently made bankrupt. Some years later B discharges the joint and several debt owed to A. B...
Can a contingent creditor in a members’ voluntary liquidation (MVL) force the liquidator to continue the MVL until the contingency figure is determined at a future date,...
Can a creditor issue a claim for a balance outstanding under a fixed-sum credit agreement, where the repayment term has expired, without issuing a default notice?...
The following Restructuring & Insolvency Q&A provides comprehensive and up to date legal information on Can a creditor prove for its debt and make a claim in the...
Can a director, who personally settles a company’s debt as a result of a personal guarantee they provided, then reclaim from the company in administration the sums they...
The following Restructuring & Insolvency Q&A provides comprehensive and up to date legal information on Can an unsecured creditor assign its debt in an administration...
The following Banking & Finance Q&A provides comprehensive and up to date legal information on Can equitable set-off apply to a situation where set off has been excluded...
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on Contracting out of expense claims in administration and...
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on Creditor's appeal against rejection of proof of...
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on Creditors' decision procedures in administration—the...
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on Creditors' decision-making in a liquidation—the...
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on Creditors' decision-making in an IVA—the position under...
The following Restructuring & Insolvency precedent provides comprehensive and up to date legal information on Creditors’ committee agreement
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on Creditors’ consideration of CVA proposals—the position...
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on Creditors’ decision procedure in administrative...
The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information on Creditors’ meetings and proxies—the position under the...
