United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Reed Smith LLP, Debt, Liquidation, Balance sheet, Cashflow, Precondition, Insolvency Act 1986 (UK), High Court of Justice (England & Wales)
In February 2016, Mr Justice Snowden handed down his judgment in the High Court proceedings concerning Ralls Builders Limited (in liquidation) [2016] EWHC 243 (Ch). This matter concerned an application by the liquidators of Ralls Builders Limited (in liquidation) (the company) for a declaration regarding the alleged wrongful trading of the company by its directors, under section 214 of the Insolvency Act 1986 (the Act).
United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Reed Smith LLP, Insolvency Act 1986 (UK)
From 1 January 2016, European Economic Area (EEA) member states are required to implement Article 55 of the European Union Bank Recovery and Resolution Directive (2014/59) (BRRD).
European Union, Banking, Derivatives, Insolvency & Restructuring, Reed Smith LLP, Bail, Bailout, European Economic Area
DTEK Finance B.V., Re [2015] EWHC 1164 (Ch)