DAC Beachcroft's GC Horizon Scanner is a selection of legal and regulatory developments that we consider are the most interesting and relevant to General Counsel, senior managers and professionals, allowing them to keep abreast of issues which are likely to impact their business, prepare for opportunities and mitigate risks.
A new era of corporate compliance in a time of financial crisis |
United Kingdom, Arbitration & ADR, Company & Commercial, Corporate Finance/M&A, Insolvency & Restructuring, Litigation, DAC Beachcroft, Brexit, Libor, Corruption, Coronavirus, HM Revenue and Customs (UK)
In the recent decision in Carlos Sevilleja Garcia v Marex Financial Limited,1 the Court of Appeal helpfully summarised the justifications for the English law rule against claims for reflective loss and confirmed that the rule applies equally to unsecured creditors of a company as it does to shareholders.
Highlights
United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Dechert LLP, Unsecured debt, Court of Appeal (England and Wales)