There are three exceptions to the general rule on the use of a prohibited name: (1) use pursuant to a sale or acquisition from the liquidator of the whole, or substantially the whole, of the insolvent company (r 22.4 Insolvency
More about Maxima Creditor Resolutions Ltd v Fealy & AnorThe appellant, Ms dos Santos, an entrepreneur and daughter of the former President of Angola, founded Unitel SA (Unitel), Angola’s largest mobile telecoms company in 1998. She was a director of the company until August 2020 and the beneficial owner
More about Dos Santos v Unitel SAMrs Aguilar, a Spanish national, moved to the UK in 1972 and married Michael Chambers. They lived together in England for more than 40 years until 2014 when they emigrated to Spain, where they continued to live. The couple bought
More about Broom v AguilarThe judgment of Nicholas Thompsell, sitting as a Deputy High Court Judge, in Hellard & Ors v OJSC Rossiysky Kredit Bank & Ors [2024] EWHC 1783 (Ch) deals with three questions raised by an application of the trustees in bankruptcy
More about Hellard & Ors v OJSC Rossiysky Kredit Bank & OrsGiving the advice of the board of the Privy Council in Sian Participation Corp (In Liquidation) v Halimeda International Ltd (Virgin Islands)[2024] UKPC 16, Lords Briggs and Hamblen identified the issue in the following terms: “This appeal is about the
More about Sian Participation Corp v Halimeda International LtdRestructuring Plans: should an opposing creditor be granted security for costs? Might that open the floodgates where companies are by definition “distressed,” or was this particular Plan more akin to ordinary adversarial litigation? Read our summary below. Consort Healthcare (Tameside)
More about Re Consort HealthcareDeputy ICC Judge Curl KC’s judgment in Wade & Anor v Singh & Ors [2024] EWHC 1203 (Ch) follows applications by the liquidators of MSD Cash & Carry plc to enforce charging orders over a number of properties owned by
More about Wade & Anor v Singh & Ors [2024] EWHC 1203 (ch)In Re a Company [2024] EWHC 1070 (Ch) was an application to restrain presentation of a petition on five grounds: (1) that the judgment debt was time-barred;(2) that it was unclear if there had been an acknowledgment of the debt
More about In re a companyPhoenix Tech Ltd had carried on business to defraud HMRC by participating in a kind of VAT fraud sometimes called “missing trader intra-community” fraud or “carousel” fraud. It had submitted a VAT return claiming the right to deduct VAT and
More about Hellard v KhanIn a helpful case on the Bankers Trust jurisdiction Adam Johnson J made an order for disclosure against an Israeli resident, having decided that the court had personal jurisdiction over him as a director of an English company who had
More about Tonstate v Wojakovski