These case summaries first appeared in LexisNexis’ Insolvency Case Alerter. They represent some of the more interesting insolvency decisions to have been published recently.

This summary covers:

1.Re PGH Investments Ltd [2021] EWHC 533 (Ch)

2.Re Mederco (Cardiff) Ltd [2021] EWHC 386 (Ch)

3.Lyle v Bedborough [2021] EWHC 220 (Ch)

4.Re TXU Ltd, Insolvency and Companies Court, 2 March 2021

5.Re Port Finance Investment Ltd [2021] EWHC 378 (Ch)

The applicant applied to strike out a winding up petition that had been presented against it. The parties had entered into two construction contracts under which the applicant had subcontracted the fabrication and erection of steelworks to the respondent in relation to two separate sites. The contracts failed to provide an adequate mechanism for payment such that the Housing Grants, Construction and Regeneration Act 1996 (as amended) (HGCRA 1996) and the Scheme for Construction Contracts (England and Wales) Regulations 1998 (as amended) applied.