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In April, it was widely reported that the UK Government is planning to legislate to enable ‘dynamic alignment’ with EU law.
Court finds Voluntary Liquidator failed to act with independence and impartiality in management of CVL process and makes order for costs.
The High Court has confirmed the circumstances in which creditor applicants may secure urgent court appointed administrators, notwithstanding competing proposals and contingent claims, reinforcing key principles on creditor standing, urgency and perceived independence.
A reminder that s. 423 Insolvency Act 1986 need not be concerned with an insolvency, but also that claimants must satisfy not only that the purpose of the transaction was to put assets beyond the reach of creditors, but also that there was an undervalue.
The High Court has rejected an attempt by Alexander Greensill to strike out, or obtain summary judgment on, disqualification proceedings brought against him under section 6 of the Company Directors Disqualification Act 1986.
After the administrators’ proposals were challenged by creditors, they applied to the court for “directions” seeking to remain in office pending a Supreme Court decision, despite objections from a majority of creditors. The court refused and made a winding up order.
Court holds that a Guernsey company in administration in England could be put into CVL using the para 83, Schedule B1 route of filing a notice with the Registrar.
The court has confirmed provisional liquidators were entitled to sell company assets pre winding up, holding that on exceptional facts and urgent circumstances such a sale fell within existing powers and would in any event have been ratified retrospectively.
The Care Quality Commission (CQC) published draft, sector specific assessment frameworks as part of its Better regulation, better care reforms. One of the most significant for the health and care system is the draft framework for primary care and community services.
In this article, we explore how a UK social media ban could work, why it’s a legislative priority, and the key data protection and online safety obligations businesses must meet to stay compliant.
With the can kicked down the road, how should AI developers respond to the ongoing uncertainty over the future of copyright law? This article explores the commercial implications of these challenges from the perspective of rights holders and AI developers.