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The Steering Committee of the London Coalition on Sustainable Sovereign Debt has welcomed the Loan Creditor Committee Guide and Export Credit Agency...
Restructuring & Insolvency analysis: The High Court considered the effect of bankruptcy on standing to pursue a professional negligence counterclaim...
Restructuring & Insolvency analysis: In Carter v Davies, the High Court held that a bankrupt's cause of action to set aside the judgment founding the...
This week's edition of Restructuring & Insolvency weekly highlights includes: an analysis of cross border insolvency, limitation and office-holders...
Role, powers, functions and duties of a liquidatorThe role and function of a liquidatorA liquidator is the officer appointed when a company goes into...
Bonds and notesThe terms ‘bonds’ and ‘notes’ are used interchangeably (and there is no legal difference between the terms), though notes tend to be...
Bankruptcy searchesBankruptcy searches at the Land Charges DepartmentWhen a bankruptcy petition is presented by a creditor, the court shall as soon as...
Basic introduction to super senior, senior, mezzanine and junior debtThe range of funding options open to companies has exploded, resulting in a vast...
Bankruptcy searchesBankruptcy searches at the Land Charges DepartmentWhen a bankruptcy petition is presented by a creditor, the court shall as soon as reasonably practicable send to the Chief Land Registrar notice of the petition, together with a request that it may be registered in the register of
The effect of insolvency on guaranteesWhat is a guarantee?A guarantee is an agreement between one person/entity (the guarantor) and another person/entity (the creditor), whereby the guarantor agrees to answer for the liability of another party (the principal).For a guarantee to be valid, it must be
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
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