In the Matter of Bell Lines Limited (In Liquidation)
That decision has effectively been relied on since 2006 for the proposition that, except for the Social Insurance Fund, a party advancing monies for the payment of remuneration falling due before the commencement of an insolvency process but actually paid after such commencement is not entitled to subrogate to the employees’ preferential claims.
The Appeal
United Kingdom, Employment & Labor, Insolvency & Restructuring, Litigation, Mason Hayes & Curran LLP, Wage, Liquidation, High Court of Justice (England & Wales)
In the case of William Hare Ltd v Shepherd Construction Ltd [2009] EWHC 1603 (TCC) (25 June 2009), the court declined to incorporate amendments made to an Act before the contract was signed which were not specifically referred to in the contract.
The facts
United Kingdom, Construction, Insolvency & Restructuring, Litigation, Gowling WLG, Statutory interpretation, Withholding tax, Best practice, Constitutional amendment, Insolvency Act 1986 (UK), High Court of Justice (England & Wales)