Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    Revocation of winding-up orders and development of common law
    2015-09-03

    The Isle of Man Appeal Court (the Staff of Government Division) judgment in Spirit ofMontpelier v Lombard Manx[2015] has addressed important issues in relation to company and insolvency laws and the powers of judges to create and develop principles of common law in order to serve the interests of justice.

    Facts

    Filed under:
    Isle of Man, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, M&P Legal, Liquidation, Common law
    Authors:
    Christopher J Murphy
    Location:
    Isle of Man
    Firm:
    M&P Legal
    Security for costs: not always restricted to extra costs of enforcement
    2015-09-24

    In Prest v Petrodel Resources Limited (in Liquidation)(1) the Manx court recently confirmed that where security for costs orders is appropriate, the amount ordered will not always be restricted to a sum representing the extra costs incurred in enforcing an order in the jurisdiction in which the claimant is resident or in which assets are situated.

    Background

    Filed under:
    Isle of Man, Company & Commercial, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, M&P Legal, Discrimination, Liquidation, UK Supreme Court
    Authors:
    Damian Molyneux
    Location:
    Isle of Man
    Firm:
    M&P Legal
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days