This is the first of a regular insolvency insights bulletin from the insolvency specialists at Quadrant Chambers. It is a short at a glance guide to the latest insolvency legislation changes and key cases, all cases link to the relevant judgments.

Legislation

OVERVIEW

Introduction

On 26 June 2020 the UK Corporate Insolvency and Governance Act 2020 (“CIGA”) entered into force. It represents a radical change in English insolvency law in that (among other things):

EDITORIAL by John Kimbell QC

Welcome to the first edition of Aviation News!

These are challenging and uncertain times for the aviation world. Covid-19 has temporarily grounded large numbers of commercial aircraft and rumours of airline insolvency abound as pictures of empty airports regularly appear in the press. Against this background, Thomas Macey-Dare QC considers the impact of airline insolvency on slot allocation and Mark Stiggelbout and Emily McWilliams discuss the potential impact of force majeure and frustration arguments based on the pandemic.

Overview

This article was first published in International Corporate Rescue by Chase Cambria Volume 17, issue 3.

1 Foreword Simon Croall QC 2 Using Force Majeure Clauses in Relation to Inability to Pay: A Forlorn Hope?

OVERVIEW

This article was first published in International Corporate Rescue by Chase Cambria

This article was first published in International Corporate Rescue.

OVERVIEW

This article was first published in International Corporate Rescue by Chase Cambria.

The Corporate Insolvency and Governance Act (‘CIGA’) which came into force on 26 June 2020 represents one of the biggest changes to the insolvency law of England and Wales in two decades.

This article by Jeremy Richmond QC and Chris Recker of Trowers & Hamlins was first published in International Corporate Rescue by Chase Cambria.

OVERVIEW

In a judgment of remarkable length, erudition and temporal scope handed down on 28 September 2016, the Full Court of the Australian Federal Court allowed the shipowners’ appeal in Ship “Sam Hawk” v Reiter Petroleum Inc [2016] FCAFC 26.