The Jamaican Redevelopment Foundation was the assignee of loans made to Mr Winston Finzi personally and to companies that he controlled and for which he had given personal guarantees. These became the subject matter of various sets of proceedings that
More about Finzi v Jamaican Redevelopment IncLitigation between Mr and Mrs Brake, Axnoller Events Ltd and various other parties has been the subject of a significant number of judgments covering a wide range of legal issues. The underlying facts are convoluted but can be briefly summarised
More about Brake & Anor v The Chedington Court Estate LtdThe application before HHJ Paul Matthews, sitting as Judge of the High Court, in Patley Wood Farm LLP & Ors v Kristina Kicks & Anor [2022] EWHC 2973 (Ch) was essentially a challenge to the decision of trustees in bankruptcy
More about Patley Wood Farm LLP v Kristina KicksTwo recent judgments in winding up cases illustrate how the same or similar legal points can arise yet lead to different results on the facts of the case. Landinvest BTL Ltd v Property Services LDN Ltd [2023] EWHC 1778 (Ch),
More about Landinvest and re a companyIn May 2019 the liquidator of Marylebone Warwick Balfour Management Limited (“MWBM”) commenced proceedings against seven former directors in relation to their operation of a complex tax avoidance scheme. MWBM had paid over £54 m to its senior management via
More about Hunt v Singh AppealThe Quincecare duty has engaged the Supreme Court three times in the last six years. In Philipp v Barclays, the issue was whether the duty could extend beyond what has been referred to as the ‘internal fraud paradigm’ or the role
More about Quincecare Duty Redefined – Philipp v Barclays Bank UK PLC [2023] Uksc 25King v Bar Mutual Indemnity Fund [2023] EWHC 1408 (Ch) deals with a number of bases on which Susan King, James King and Anthony King each applied to set aside statutory demands for £219,700.00 made by the Bar Mutual Indemnity
More about King v Bar Mutual Indemnity FundHRH Prince Hussam Bin Saud Bin Abdulaziz Al Saud v Mobile Telecommunications Company Kscp [2022] EWHC 744 (Ch) deals with service of a bankruptcy petition out of the jurisdiction. The petitioning creditor had been awarded US$817 million in arbitration proceedings. Costs
More about Service Of Petition Out Of The Jurisdiction HRH Prince Hussam Bin Saud Bin Abdulaziz Al Saud v Mobile Telecommunications Company Kscp [2022] EWHC 744 (ch)The application in Re Smile Telecoms Holdings Ltd [2022] EWHC 740 (Ch) deals with a number of questions: what constitutes a “compromise or arrangement” for the purpose of Part 26A Companies Act 2006; the effect of an order made at
More about Smile telecoms holdings Ltd [2022] EWHC 740 (Ch) out of the money creditors exclusion.Manolete Partners Plc v Smith & Ors [2022] EWHC 364 (Ch)- In 2019, the FCA presented a winding-up petition against Allied Wallet Ltd (AWL) under s. 367 Financial Services and Markets Act 2000 and applied for the appointment of provisional
More about Manolete Partners PLC v Smith & Ors [2022] EWHC 364 (ch)