News
Sequana Supreme Court decision – Duty to Creditors
The case of BTI 2014 LLC v Sequana SA and Ors has had a long and tortuous history, culminating in a Supreme Court decision which has now been handed down over a… Read more →
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News
Company Voluntary Arrangements in the UK – a longer tail than Covid?
Oscar Wilde wrote “There is only one thing in the world worse than being talked about, and that is not being talked about”. I don’t think landlords have the same… Read more →
News
Using personal assets to rescue businesses- Eprivateclient
Due to the current COVID-19 pandemic, businesses have been severely disrupted. Some business owners have been left with no choice but to take out loans to prevent the business potentially… Read more →
News
Litigation: There are not always winners and losers (not should there be)
Well over 90% of disputes settle before a final trial. Those that do proceed to trial are often those areas where the law may need clarification, the evidence presented by… Read more →
Bulletins
Litigation: A shield and a weapon at half the price
There is no doubt that full blown litigation can be expensive and divert the attention of key management staff away from the core of a business. It is often seen… Read more →
News
Covid-19: Changes to Insolvency Law to Relieve Some Pressure from Directors
Over the weekend, the UK Government announced changes to insolvency law to help UK companies keep trading during the Covid-19 pandemic. The government is advancing its plans to introduce new… Read more →
Uncategorized
Law Commission Consultation on the Electronic Execution of Documents
As technological advances have an increasing impact on every aspect of our business and personal interactions, it is important that the law remains relevant as technology and practice evolves. The… Read more →
News
The Christmas Cheer is Over – Rise in Bankruptcies
“Personal insolvencies hit 7 year high” was the headline but reflects just the start. Personal insolvencies have been creeping up since the end of the last financial crisis – they… Read more →
Bulletins
Trying to lighten the twilight zone: Insolvency and corporate governance proposals
On 20 March 2018 the UK Department for Business, Energy and Industrial Strategy published a consultation seeking views on proposals to improve the governance of companies when they are in… Read more →
News
Reduce your chance of becoming ac-customer-ed to an insolvent client
Carillon is dead. There are rumours of more to follow. Outside the construction industry, these difficulties could be a useful wake up call to ensure you are well prepared. Here… Read more →
Bulletins
“Should I stay or should I go now?” – Dealing with the Clash in Shareholder Disputes
You have sweated blood and tears to build a business from nothing. You have made huge financial and emotional sacrifices to get the business to where it is now. The… Read more →
Bulletins
“Nobody expects the Spanish Inquisition”
Monty Python may not have expected the Spanish Inquisition but a more inquisitive approach to an acquisition can be business saving. The scenario A successful overseas company acquired a majority… Read more →
Bulletins
IN TRUST SUMMER 2017: SIMPLIFYING THE FAMILY BUSINESS
If you have a family business that is run though a corporate structure, there could be advantages to simplifying the group. This could be for a number of reasons, including… Read more →
Bulletins
Notice of Intention to Appoint – ‘strong and stable’ guidance from the Court of Appeal
The Court of Appeal has recently had the opportunity to provide some certainty in relation to when it is appropriate to file a Notice of Intention to Appoint an Administrator… Read more →
Bulletins
No Variation clauses – are they cast iron?
The Court of Appeal decision of Globe Motors and others v TRW Lucas and others considered the effectiveness of no variation clauses which we so often see in contracts. These… Read more →
Bulletins
Is asking Gollum about his precious ring a viable recovery strategy?
Liquidators and Trustees in Bankruptcy have wide ranging powers to apply to the Court for the delivery up of information that relates to the affairs of the bankrupt or the… Read more →
Bulletins
It’s now even Harder for a Trustee to get Relief from Ancillary Relief
The case of Sands v Singh has recently clarified but narrowed the circumstances in which a trustee in bankruptcy can challenge an order or financial settlement made in divorce and… Read more →
Bulletins
The PSC Register : A helping Hand to Recovering Assets into the Estate?
From April 2016, companies will be required to maintain a register of persons with significant control (“PSC”) over that company. That means formally documenting details of who exercises control or… Read more →
Bulletins
It’s a Happy Christmas to Crooks and Dodgy Directors
The Minister of State for Civil Justice has announced that the LASPO exemption of insolvency litigation will come to an end on 1 April 2016. This means that office holders… Read more →