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    Consult in UK redundancies or be fined…….
    2015-10-21

    The suitability of the collective consultation regime under the Trade Union and Labour Relation (Consolidation) Act 1992 (“TULRCA”) in an insolvency scenario has always been a hot topic amongst insolvency professionals.

    Filed under:
    United Kingdom, Employment & Labor, Insolvency & Restructuring, Litigation, Squire Patton Boggs
    Authors:
    Jonathan Dunkley
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs
    A limited company can bring discrimination claims
    2015-10-21

    EAD Solicitors LLP and others v Abrams UKEAT/0054/15

    Why care?

    Section 13(1) of the Equality Act 2010 defines direct discrimination as occurring where “because of a protected characteristic”, a person (A) treats another (B) less favourably than A treats or would treat others. This wording means that B does not have to have the protected characteristic.

    Filed under:
    United Kingdom, Employment & Labor, Insolvency & Restructuring, Litigation, Taylor Wessing, Legal personality, Discrimination, Limited liability partnership, Equality Act 2010 (UK)
    Location:
    United Kingdom
    Firm:
    Taylor Wessing
    Payments to a preferred creditor are contempt of court by the directors and secretary
    2015-10-27

    In The Commissioners for Her Majesty’s Revenue and Customs v Amran Munir and others [2015], the directors and secretary of a company were sentenced by the High Court to a term of imprisonment for contempt of court.

    Summary

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, Litigation, Womble Bond Dickinson (UK) LLP, Contempt of court, HM Revenue and Customs (UK)
    Authors:
    David Crone
    Location:
    United Kingdom
    Firm:
    Womble Bond Dickinson (UK) LLP
    Personal liability of liquidator for CFA costs
    2015-10-29

    In Stevensdrake Ltd v Hunt and others [1] the liquidator of Sunbow Limited, Mr Hunt, had brought a claim against Sunbow's former administrators. Mr Hunt entered into a conditional fee agreement (CFA) with the solicitors instructed to pursue the claim (Stevensdrake). The CFA stated "if you [Mr Hunt] win your claim, you pay our basic charges, our disbursements and a success fee". A settlement was agreed but one of the former administrators failed to pay the agreed sum.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Walker Morris LLP
    Location:
    United Kingdom
    Firm:
    Walker Morris LLP
    The sale of goods and retention of title
    2015-10-29

    The definition of a contract for the sale of goods under the Sale of Goods Act 1979 (SOGA) is one in which the seller transfers the property in the goods to the buyer for money consideration, i.e. the price.

    Under section 49 of SOGA, an unpaid seller can claim for the price of the goods if either: (1) the property in the goods has passed to the buyer; (2) or payment of the price is expressed to be payable on a certain day irrespective of delivery

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Walker Morris LLP
    Location:
    United Kingdom
    Firm:
    Walker Morris LLP
    Where are you heading this summer? Bankruptcy tourism and the case of the Banana King
    2015-10-05

    ‘Visit England’ promotes tourism to England and Wales by reference to the beautiful scenery, world-class museums and abundance of culture on offer. Following the recent judgment of JSC Bank of Moscow v Kekhman & Ors [2015] EWHC 396 (Ch) (Kekhman), it should consider adding an advantageous personal insolvency regime to this list. 

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Penningtons Manches Cooper LLP, Bankruptcy
    Authors:
    Alex Fox , James Harrison
    Location:
    United Kingdom
    Firm:
    Penningtons Manches Cooper LLP
    Increase in court issue fees from the 1st October 2015
    2015-10-05

    I am sure many of you may be aware already that as of the 1st October 2015 the Bankruptcy Limit has increased to £5,000 whilst a Winding up Order remains the same at £750.00.

    The limit debtor's can apply for a Debt Relief Order has also been increased from £15,000 to £20,000.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, SE Solicitors
    Location:
    United Kingdom
    Firm:
    SE Solicitors
    A shift in the balance……?
    2015-10-06

    On 14 September 2015, judgment was handed down in the case of Re SSRL Realisations Limited (In Administration), in which a landlord was granted permission to forfeit a lease by peaceable re-entry. The case will be of interest to insolvency practitioners and landlords alike – but for very different reasons.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Squire Patton Boggs, Landlord
    Authors:
    Gemma Whale , Devinder Singh
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs
    Transfer? What transfer……?!
    2015-10-12

    A recent decision of the Court of Justice of the European Union (CJEU) on the transfer of undertakings and the “retention of identity” of part of a business is instructive to practitioners in advising on the transfer (or potential transfer) of employees.

    Filed under:
    United Kingdom, Employment & Labor, Insolvency & Restructuring, Litigation, Leman Solicitors
    Authors:
    Síobhra Rush
    Location:
    United Kingdom
    Firm:
    Leman Solicitors
    When is a transaction not a transaction?
    2015-10-01

    Introduction

    This article considers section 238 of the Insolvency Act 1986 ('IA 1986') within the context of what the courts consider to be a ‘transaction’ when applying for a declaration to do with antecedent transactions. Whilst this article is limited to the consideration of section 238, similar factors apply to applications made further to sections 339 and 423 IA 1986.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, 9 Stone Buildings, Insolvency Act 1986 (UK)
    Location:
    United Kingdom
    Firm:
    9 Stone Buildings

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