Miles J’s judgment in Re Sova Capital Ltd [2023] EWHC 452 (Ch) will, like that of Jonathan Hilliard QC in Re Petropavlovsk Plc,be welcomed as a further example of the courts acting to assist insolvency practitioners selling assets in unusual
More about Re Sova Capital Ltd [2023] EWHC 452 (Ch) Sale Of Assets, SanctionsIt is often in the interests of the parties to any dispute to settle the matter quickly and amicably. Litigation, being expensive and time consuming, is generally seen as a last resort. A crucial element of successful settlement discussions is
More about Off the record conversations – Reliance on the without prejudice rule and section 111a era – What are the limits?Relief under ss 423-425 Insolvency Act 1986 is not limited to cases of insolvency, as the decision of David Edwards KC, sitting as a High Court judge in the Commercial Court, in Integral Petroleum SA v Petrogat FZE & Ors
More about Integral Petroleum SA v Petrogat Fze & OrsThe substantive proceedings in Queensgate Place Ltd v Solid Star Ltd & Ors [2023] EWHC 93 (Ch) took the form of an unfair prejudice petition under s 994 Companies Act 2006 by which the petitioner, Queensgate Place Ltd, sought an
More about Queensgate Place Ltd v Solid Star LtdNGI Systems & Solutions Ltd v The Good Box Co Labs Ltd [2023] EWHC 274 (Ch) records the court’s reasons for sanctioning a restructuring plan made between the defendant company, The Good Box Co Labs Limited, its members, and separate
More about NGI Systems & Solutions Ltd v The Good Box Co Labs LtdWedlake Bell are proud to have represented ACS and DACS in their claim against Ivor Braka Limited which has successfully settled. See below for further details. The Artists’ Collecting Society (ACS), the Design and Artists Copyright Society (DACS) and Ivor
More about Proud to have represented the artists’ collecting society and the design and artists copyright societyKey Points: • Effective date for the Strategy Requirements remains uncertain – may be October 2023• Will probably apply only for Valuations with “as at” dates on or after October 2023;• Covenant strength and measuring explicitly legislated for; and• TPR’s Fast
More about New requirements for db schemes funding and investment strategiesMistakes do happen. Unfortunately in the context of the long-standing and intricate nature of pension scheme documentation, mistakes can be costly. In the case of Viavi Solutions UK Ltd v Viavi Solutions Pension Trustee UK Ltd, the High Court allowed
More about Pension scheme rectification: Improve your chances of correcting mistakes