Purkiss v Kennedy & Ors [2024] EWHC 1081 (Ch) is another judgment in a string of cases arising out of schemes designed to enable self-employed individuals to avoid paying income tax and national insurance on their remuneration. The decision of the Supreme Court in RFC 2012 Plc v AG for Scotland demonstrated the flaws that often mean such schemes fail.

Summary

Re Nasmyth Group Ltd (Re Companies Act 2006) [2023] EWHC 988 (Ch) sets out Leech J’s reasons for refusing to sanction a Part 26A restructuring plan.

The company acted as the holding company of engineering subsidiaries in the UK and elsewhere and provided administrative and treasury functions to the rest of the group.

Summary

The briefing provides an overview of the reorganisation plan introduced by the new Greek Bankruptcy Code. Its purpose is to set out the more important mechanics of the reorganisation plan and examine its more important ramifications within the bankruptcy process.

The new Greek Bankruptcy Code