In Orexim Trading Ltd v Mahavir Port and Terminal Private Ltd and others [2017] EWHC 2663 (Comm), the High Court held that a claim under s.423 of the Insolvency Act 1986 ("IA 1986") where it was not brought by an insolvent company within the jursdiction did not fall within the jurisdictional gateways under paragraph 3.1 CPR PD 6B.
An application was made for recognition in Great Britain under the Cross-Border Insolvency Regulations 2006 ("CBIR") of new legislation in Croatia known as "Extraordinary Administration Proceeding".
O BANCO ESPÍRITO SANTO, S.A. – EM LIQUIDAÇÃO anunciou que o prazo para a apresentação das reclamações de créditos no âmbito do seu processo de liquidação terminará no dia 11 de dezembro de 2017.
O termo do prazo para apresentação de reclamações de crédito é estabelecido em função da última citação de credor no estrangeiro, contando-se 60 dias a partir dessa data. De acordo com o referido comunicado, a mais recente citação conhecida foi efetuada no dia 11 de outubro.
BANCO ESPÍRITO SANTO, S.A. – EM LIQUIDAÇÃO has announced that the time limit for the lodgement of claims under its liquidation proceedings ends on 11 December 2017.
The time limit for lodging claims is set with reference to the last service of notice to a creditor abroad and the 60-day period counted from said date. According to the aforementioned announcement, the last known notice was served on 11 October.
The announcement reserves the possibility of extending the time limit in the event of subsequent services.
The Facts
The Facts
This case is the first to really consider the practical impact of the recent Court of Appeal decision in Shlosberg v Avonwick [2016] EWCA Civ 1138, in which it was decided that legal professional privilege does not vest in a Trustee in Bankruptcy.
Following our previous article about farms facing insolvency as a limited company, we will now discuss the implications of insolvency on a sole trader or partnership.
Farmers running their business as a sole trader could face personal bankruptcy in the event the business faces financial difficulty.
Alan Bennett and Crispin Jones successfully acted for Mr Dowling in his application to set aside a Statutory Demand served on him by Promontoria (Arrow) Limited ("Promontoria") in the sum of €6,338,675.93. The decision has wide reaching implications for creditors seeking to rely on guarantees.
Actualidad Normativa Coordinadora: Rosana Hallett Of counsel de GA_P N .º 212017 2 © Gómez-Acebo & Pombo Abogados, 2017. Todos los derechos reservados. Advertencia legal: Este boletín sólo contiene información general y no se refiere a un supuesto en particular. Su contenido no se puede considerar en ningún caso recomendación o asesoramiento legal sobre cuestión alguna. N.
Current Legislation Coordinator: Rosana Hallett Of counsel of GA_P No . 212017 Current Legislation No . 21 | 2017 2 © Gómez-Acebo & Pombo Abogados, 2017. All rights reserved Disclaimer: This digest is provided for general information purposes only and nothing expressed herein should be construed as legal advice or recommendation. Design and layout: José Á. Rodríguez and Ángela Brea • Translation and adaptation: John Woodger Contents I. Environment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .