enews

Administrators’ Commercial Decision-Making Powers vs. ‘Unfair Harm’ to Creditors

Hocking and others v Marsden and another [2014]
Pursuant to paragraph 74 of Schedule B1 to the Insolvency Act 1986, if the conduct of an …

Sanction: A Relief?

Penalties for procedural errors in litigation can impact a litigating party’s position significantly, and it is for this reason that parties may wish to …

Case Update: Receivers Unable to Claim Freehold

The Keepers and Governors of the Possessions, Revenues and Goods of the Free Grammar School of John Lyon v Sacha Warren George Helman [2014] …

Intellectual Property Act 2014 – What It Means for Your Business

On 14 May 2014, the Intellectual Property Act 2014 (Act) received Royal Assent with the Act being gradually implemented into UK law from 1 …

Letting Others In

We all know making the wrong decision can be costly.
Nobody knows it all, so when making tough decisions, they say two heads are usually …

Realistic Examination of Solvency

Bucci v Carman [2014] EWCA Civ 383
The Court of Appeal has held that when considering whether a company is insolvent, the court should apply …

Did Tax Just Become Less Taxing?

Enta Technologies Limited v The Commissioners for Her Majesty’s Revenue and Customs [2014]
Background
Enta Technologies Limited (Company) is a distributor to UK retail outlets of …

Income Payment Orders after an Income Payment Agreement

Thomas and another (Joint Trustees in Bankruptcy of Stephen John Edmondson) v Edmondson [2014]
Background
Mr Edmondson (Respondent) had been made bankrupt on a petition of …

Transparency and Accountability of UK Companies: Insolvency Aspects

BIS recently published the UK Government’s response to the Transparency and Trust discussion paper (published by BIS in June 2013) following a period of …

Business Networking Provides Power to Prosper

Insolvency isn’t the only option for a struggling business which could be saved with the right advice and action. If the orders are there, …