When a contracting party declares bankruptcy, it is crucial to grasp the implications for existing contracts. This article highlights the most important legal ramifications for the non-bankrupt parties involved.
Continuation or Termination
R (on the application of Palmer) (Appellant) v Northern Derbyshire Magistrates’ Court and another (Respondents) [2023] UKSC 38
On appeal from: [2021] EWHC 3013
United Kingdom, Insolvency & Restructuring, Litigation, Charles Russell Speechlys, Insolvency Service (UK), Companies Act 2006 (UK), UK Supreme Court