News and Insights
News and Insights
Procedural Defects in Electronic Filing of a Notice of Appointment of Administrators, and Expiration of a Notice of Intention to Appoint Administrators
Remedies for procedural defects In Re Statebourne Cryogenic Limited EWHC 231 (Ch) the High Court considered whether the identification of...
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COVID-19 Update
We are all seeing that the COVID-19 situation continues to evolve daily, so at Summit Law we are doing everything...
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Can a Bankruptcy Order be annulled?
In order to assess whether a Bankruptcy can be annulled, section 282 of the Insolvency Act 1986 and Rule 10.132-10.141 of...
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Compensation Orders in Director Disqualification Proceedings
Compensation Orders in Director Disqualification Proceedings - the First Judgment Handed Down in 4 Years since its Implementation under the...
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Does agreeing to “reasonable costs” mean assessment on the indemnity basis?
Yes, held the Commercial Court. In Alafco Irish Aircraft Leasing Sixteen Ltd v Hong Kong Airlines Ltd EWHC 3668 (Comm) the parties...
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Office holders discharging their evidential burden
Case comment: Wood v Watkin EWHC 1311 (Ch) (Judge Barber of the High Court) The above case serves as a...
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Liability imposed on an insolvent LLP’s members for breach of fiduciary duty and wrongful trading
McTear v Eade and anr (Re C.J. & R.A. Eade LLP (in liquidation)) EWHC 1673 (Ch), ICCJ Jones, 11 June...
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What constitutes property for the purposes of section 436 of the Insolvency Act 1986?
Where an individual is adjudged bankrupt, all his property (subject to certain exceptions) will vest in his Trustee in Bankruptcy...
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Using a charging order to recover a debt secured with a personal guarantee
If you are owed a debt which has been secured with a personal guarantee (“PG”) and the individual who provided...
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