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NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: an analysis of the influential role played by creditors in special administration appointments (Eisenberg v JNFX Ltd), clarification by the BVI Court of Appeal of the duties owed by directors to creditors (Byers & Richardson v Chen Ningning), the commencement of the Property (Digital Assets etc) Act 2025, plus a round-up of other news and cases for restructuring and insolvency professionals.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: a look at the ranking of statutory interest on subordinated debt (The Joint Administrators of Lehman Brothers Holdings plc (In Administration) v LB GP No.1 Ltd (In Liquidation)), the response of the Insolvency Service to postmasters wrongly made bankrupt, plus a round-up of other news and cases for restructuring and insolvency professionals.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: the convening order for a scheme of arrangement for VTB Capital plc (in administration) intended to overcome difficulties arising a result of the sanctions regime (Re Browne), the court’s directions to trustees in bankruptcy to assist with issues arising out of the sanctions regime (Hellard v OJSC Rossiysky Kredit Bank (in liquidation)), the court’s judgment on whether compensation payable to certain postmasters falls within the postmasters’ bankruptcy estate (Secretary of State for Business and Trade v Abdulali), plus a round-up of news and cases for restructuring and insolvency professionals.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: an analysis of a successful misfeasance claim against directors arising out of a company’s participation in tax avoidance schemes (Barriball v Jackson), analysis of a court decision confirming that the court’s permission is not required for service out of the jurisdiction of a notice of intention to appoint administrators (Re Vybra Solutions Ltd), the winding up of companies by the Insolvency Service following referrals from Companies House using powers under the Economic Crime and Corporate Transparency Act 2023, plus a round-up of other news and cases for restructuring and insolvency professionals.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: an examination of a challenge to administrator appointments (Glint Pay v Baker and Rowley), guidance for practitioners on distribution plans under the Payment and Electronic Money Institution Insolvency Regulations 2021, SI 2021/716 (Kicks v MLS-Multinational Logistics), plus a round-up of other news and cases for restructuring and insolvency professionals.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: clarification of the position of sole directors under the Model Articles and the interaction between UK sanctions regulations and in-court appointment of administrators (Re KRF Services (UK) Ltd), an analysis of the inalienability of occupational pensions (White v Manolete), a discussion of whether the professional indemnity insurer of an insolvent insured is to be treated in law as being liable in respect of the same damage as that for which its insured is liable for the purpose of enabling the insurer to pursue a claim to recover a contribution pursuant to the Civil Liability (Contribution) Act 1978 (Riedweg v HCC International Insurance Plc), plus a round-up of other news and cases for restructuring and insolvency professionals.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: an analysis of the effect of company voluntary arrangements on proprietary rights or liability for non-domestic rates on unoccupied premises (City of London v Robinson Webster (Holdings) Ltd), an examination of the limits of an office-holder’s powers to request records/information under sections 235 and 236 of the Insolvency Act 1986 (Re Eversholt Rail (365) Ltd), plus a round-up of other news and cases for restructuring and insolvency professionals.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: the Court of Appeal’s judgment on treatment of secured debt under the Debt Respite Scheme (Breathing Space Moratorium and Mental Health Moratorium) (England and Wales) Regulations 2020 (Forbes v Interbay Funding Ltd; Forbes and Seculink Ltd), the Insolvency Service’s 2024 practitioner regulation review, plus a round-up of other news and cases for restructuring and insolvency.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: an examination of an application to move a company from liquidation to administration under paragraph 38 of Schedule B1 to the Insolvency Act 1986 (IA 1986) (Re Mannarest Ltd), consideration of the effect of filing a notice under IA 1986, Sch B1, para 84(4) on an administration (Wonop APS v Jagger), an analysis of a judgment annulling a bankruptcy order where the main assets of the debtor are located outside of the UK (Nilsson and Carter v Jones), plus a round-up of other news and cases for restructuring and insolvency professionals.
NEWS
This week’s edition of Restructuring & Insolvency weekly highlights includes a look at the Queen’s Speech and the implications for R&I professionals, the latest on sanctions against Russian entities, the Court of Appeal’s decision in Edengate Homes (Butley Hall) on the assignment of office-holder claims, the latest in our INSOL Europe/Lexis®PSL series of country guides on the implementation of Directive (EU) 2019/1023, plus a round up of other R&I related news.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: the publication by the Insolvency Service of enforcement outcomes management information for August 2024, an update on the Water (Special Measures) Bill, analysis of the quantum of assigned claims (Manolete Partners Plc v Freed), plus a round-up of other news and cases for restructuring and insolvency professionals.
NEWS
This week's edition of Restructuring & Insolvency weekly highlights includes: an announcement from Companies House to postpone the Economic Crime and Corporate Transparency Act 2023 presenter measures until November 2027, an analysis of court’s decision to use cross-class cramdown to bind dissenting landlords, including those with parent guarantees (Re Poundstretcher), analysis of the English court’s case management decision to stay proceedings pending resolution of New York proceedings relating to the Hunkemöller LME (Cheyne European Special Situations Fund Investments v TMF Trustee), plus a round-up of other news and cases for restructuring and insolvency professionals.