Insolvency statistics in the fourth quarter of 2010 were published today by the Insolvency Service. Corporate insolvencies across the board were down on the same period last year: compulsory liquidations and creditors’ voluntary liquidations decreased by 11.3% (seasonally adjusted), corporate receiverships by 23.9%, administrations by 24.4% and company voluntary arrangements by 22.4%. Personal insolvencies followed… Learn more
Mark deals with all aspects of corporate recovery and restructuring, personal insolvency, LPA receivership and company directors' disqualification.
Mark is Watford-based and works on contentious and non-contentious corporate and personal insolvency, advising insolvency practitioners, receivers, accountants, banks, ABLs and other commercial organisations.
His clients include AIB, Baker Tilly, Bank of Ireland, Barclays Bank, Begbies Traynor, BDO, Eddisons, Edward Symmons, FRP Advisory, Grant Thornton, GVA, Jones Lang LaSalle, Jorden Salata, KPMG, Leonard Curtis, Maidment Judd, Mazars, Mercer & Hole, Moore Stephens, PKF, PwC, Smith & Williamson and RSM Tenon.
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Important changes to the conduct of insolvency proceedings come into force today, introduced by The Insolvency (Amendment) Rules 2010 and Legislative Reform (Insolvency) (Miscellaneous) Provisions Order 2010. The changes apply to administration, receivers and managers, liquidation (compulsory and voluntary), bankruptcy and voluntary arrangements. For further details please contact the Corporate Recovery and Insolvency team.
This new case (Ch D (Proudman J) 31.3.2010) concerns a limited partnership whose registered office is in Guernsey. The Court was asked to decide two issues: (1) the location of the partnership’s centre of main interest (COMI) – it held that, notwithstanding the location of the registered office, its day-to-day activities were conducted by its… Learn more
In Goldacre (Offices) Ltd v Nortel Networks UK Ltd (in administration)  All ER (D) 54 (Jan), the respondent company held two long leases over properties of which the claimant was the landlord. During the respondent company’s administration, parts of each of the premises were used by the administrators from which to conduct the administration,… Learn more