ML Covered - September 2024

Welcome to the second edition of ML Covered, our new monthly round-up of key events that are relevant for those dealing with Management Liability Policies covering D&O, EPL and PTL-type risks.

Latest insolvencies figures & quantifying "trading misfeasance" claims

Filed under:
United Kingdom, Insolvency & Restructuring, Litigation, RPC, Unfair dismissal, Anti-bribery and corruption, Insolvency Service (UK), Supreme Court of the United States
Authors:
Rachael Healey , Matthew Watson , Kim Wright , Zoe Melegari , Andrew Oberholzer
Location:
United Kingdom
Firm:
RPC
BHS directors ordered to pay over £100m in respect of trading misfeasance redress

On 19 August 2024, the High Court handed down its quantum decision in Wright v Chappell [2024] EWHC 2166 (Ch), which for the first time sets out the method for quantifying loss relating to "trading misfeasance" claims.

Introduction

Filed under:
United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, RPC, Insolvency, High Court of Justice (England & Wales)
Authors:
Zoe Melegari , Cory Gilbert-Haworth
Location:
United Kingdom
Firm:
RPC