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    Solvent liquidations – time for a corporate simplication?
    2007-11-02

    The lengthening of the restoration period for dormant companies may make a solvent liquidation an attractive option for some companies. James Stonebridge examines the impact of changes introduced under the Companies Act 2006.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Norton Rose Fulbright, Bankruptcy, Liability (financial accounting), Reinsurance, Liquidation, Liquidator (law), Dissolution (law), Companies Act 2006 (UK), Law Commission (England and Wales)
    Location:
    United Kingdom
    Firm:
    Norton Rose Fulbright
    Priority for expenses handling claims
    2007-02-26

    Freakley v Centre Reinsurance International Company & Ors [2006] UKHL 45

    This case concerns whether a claim to reimbursement of claims-handling expenses should have priority over other creditors on insolvency of the insured.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Insurance, Litigation, Norton Rose Fulbright, Debt, Liability (financial accounting), Reinsurance, Insolvency Act 1986 (UK), House of Lords
    Location:
    United Kingdom
    Firm:
    Norton Rose Fulbright

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