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Autumn Statement: A major shift

What does the Autumn Statement mean for business?

2022 has been a bumper year for fiscal statements, with three separate Chancellors’ taking to the despatch box – each with very different approaches.

United Kingdom, Insolvency & Restructuring, FRP Advisory, HM Treasury (UK)
The need for a legal ground to stand on: a shareholders class action is dismissed at the authorization stage for failure to meet article 1003 b) C.p.c. (Groupe d’action d’investisseurs dans Biosyntech c. Tsang, 2015 QCCS 3265)

In the spring of 2010, BioSyntech, a start-up biotechnology company, developing a cartilage-repair product, BST-Car Gel, filed a Notice of Intention to make a proposal under the Bankruptcy and Insolvency Act. In the subsequent bankruptcy proceedings, the intellectual property relating to the BST-Car Gel was sold.

Canada, Insolvency & Restructuring, Litigation, McCarthy Tétrault LLP