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
    A way to fill an empty pot? Could the Mastercard litigation be a windfall for insolvent businesses?
    2018-01-22

    The raft of European and domestic litigation surrounding Mastercard fees has been long running and frankly, brain achingly complex. Hidden in the masses of litigation, the topic has sparked little interest in insolvency practitioners. However, it has the potential to generate realisations in liquidated estates where there may otherwise be nothing to offer creditors, and it warrants attention as a result.

    Filed under:
    United Kingdom, Competition & Antitrust, Insolvency & Restructuring, Litigation, Penningtons Manches Cooper LLP, Anti-competitive practices, Liquidation, European Economic Area, High Court of Justice (England & Wales), Competition Appeal Tribunal (UK)
    Authors:
    Rebecca Andrews-Walker
    Location:
    United Kingdom
    Firm:
    Penningtons Manches Cooper LLP
    Carillion in liquidation - What happens now?
    2018-01-15

    The collapse of the UK’s second largest construction company, Carillion, was not particularly surprising given recent profit warnings and debts believed to be in the region of £1.5 billion.

    What happened to Carillion

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Weightmans LLP, Carillion
    Authors:
    Stuart Lindley
    Location:
    United Kingdom
    Firm:
    Weightmans LLP
    Unfair relationships under the Consumer Credit Act 1974
    2018-01-16

    Clydesdale Bank Plc v. (1) R Gough (t/a JC Gough & Sons) (2) Anne Michelle Gough [2017] EWHC 2230 (Ch)

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, Litigation, Dentons, Consumer Credit Act 1974 (UK), High Court of Justice (England & Wales)
    Authors:
    Thomas Leyland , Clare Stothard , Steven Mills , Craig Neilson , Felicity Ewing , Kerry Talbot
    Location:
    United Kingdom
    Firm:
    Dentons
    Carillion Group Liquidation
    2018-01-16

    A number of companies within the Carillion group have been placed in compulsory liquidation. The Official Receiver has been appointed as liquidator, with support from PwC. It has been confirmed that there is no prospect of any return to shareholders.

    Given the size of Carillion, the UK's second-biggest construction company, with 43,000 employees and contracts on a wide range of projects, including a number of flagship infrastructure projects, this will inevitably have a significant impact on the UK construction sector as a whole. Official advice from PwC is:

    Filed under:
    United Kingdom, Insolvency & Restructuring, Beale & Co, Carillion
    Authors:
    James Hutchinson
    Location:
    United Kingdom
    Firm:
    Beale & Co
    Effecting service of proceedings on uncommunicative defendants
    2018-01-16

     (1) Citicorp Trustee Company Limited and (2) Golden Belt Sukuk Company BSC v. (1) Maan Al-Sanea and (2) Saad Trading, Contracting and Financial Services Co [2017] EWHC 2845 (Comm)

    In this case, the High Court considered whether valid service had been effected upon two defendants based outside of the jurisdiction who had shown no willingness to be involved in the proceedings.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Dentons, High Court of Justice (England & Wales)
    Authors:
    Thomas Leyland , Clare Stothard , Steven Mills , Craig Neilson , Felicity Ewing , Kerry Talbot
    Location:
    United Kingdom
    Firm:
    Dentons
    Carillion - what happens now?
    2018-01-16

    Carillion is, or was, the second largest construction firm in the UK. It’s collapse on Monday 15 January 2017 was confirmed when the High Court ordered the compulsory liquidation of the various companies in the group. It employed 20,000 people and the projects of the business included the HS2 rail project, Battersea Power Station redevelopment, military contracts and the maintenance of schools, prisons and hospitals. So, what happens now?

    Filed under:
    United Kingdom, Construction, Insolvency & Restructuring, Anthony Gold
    Authors:
    Elaine O’Connor
    Location:
    United Kingdom
    Firm:
    Anthony Gold
    Public Sector Bulletin - 16 January 2018
    2018-01-16

    With the news of major government contractor Carillion's liquidation, we look at the practical steps public bodies should be taking if Carillion is one of their contractors or is part of their supply chains so as to ensure there is as little disruption as possible across their service areas.

    Contract review

    Filed under:
    United Kingdom, Insolvency & Restructuring, Projects & Procurement, Public, Ashfords LLP, Liquidation, Carillion
    Authors:
    Elizabeth Gibson
    Location:
    United Kingdom
    Firm:
    Ashfords LLP
    Liquidators must disclose the identity of third-party funders to facilitate an application for security for costs, but only to a confidentiality club
    2018-01-16

    In Hellas Telecommunications (Luxembourg) [2017] EWHC 3465 (Ch), the High Court ordered respondent liquidators to disclose the identity of third-party litigation funders and the terms on which funding was provided in order to facilitate an application for security of costs.

    Facts

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, CMS Cameron McKenna Nabarro Olswang LLP, High Court of Justice (England & Wales)
    Authors:
    Lee Gluyas , Eloise Meredith-Owen
    Location:
    United Kingdom
    Firm:
    CMS Cameron McKenna Nabarro Olswang LLP
    Carillion creditors: urgent steps to protect your position
    2018-01-17

    On 15 January 2018 Carillion PLC and a number of its subsidiary companies (Carillion) went into liquidation, with the High Court appointing the Official Receiver as liquidator and six partners of PWC as special managers.

    Those clients who have contracts with Carillion or who are owed money may find the following guidance useful:

    Filed under:
    United Kingdom, Construction, Insolvency & Restructuring, Fladgate LLP, Carillion
    Authors:
    Jeremy Whiteson , Alan Woolston , Bree Taylor
    Location:
    United Kingdom
    Firm:
    Fladgate LLP
    Insolvency and payment obligations in construction contracts
    2018-01-15

    Carillion’s entry in to liquidation is likely to have ramifications for all the actors in the construction industry for some time to come. The most immediate impact will concern payments. The aim of the Housing Grants, Construction and Regeneration Act 1996 (amended by the Local Democracy Economic Development and Construction Act 2009 - generically, ‘the Act’) is to ensure that cash keeps moving in the construction industry, but what happens when a main contractor becomes insolvent?

    Filed under:
    United Kingdom, Construction, Insolvency & Restructuring, BPE Solicitors LLP, General contractor
    Authors:
    Neil Mason
    Location:
    United Kingdom
    Firm:
    BPE Solicitors LLP

    Pagination

    • First page « First
    • Previous page ‹‹
    • …
    • Page 608
    • Page 609
    • Page 610
    • Page 611
    • Current page 612
    • Page 613
    • Page 614
    • Page 615
    • Page 616
    • …
    • Next page ››
    • Last page Last »
    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