24 February 2011 | Michael Delaney
The long-awaited EAT decision in OTG Ltd v Barke and ors and four other cases has finally been handed down.
The EAT heard five appeals that all looked at the same point: does administration under Schedule...
Tags on this discussion: administration barke employee employer Insolvency liquidation oakland OTG pre-pack Transfer of Undertakings (Protection of Employment) Regulations TUPE wellswood
4 February 2011 | Mark Tempest
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...
Tags on this discussion: administration bankruptcy corporate debt relief order Insolvency Insolvency Practitioner liquidation recovery voluntary arrangement
2 August 2010 | Laura Seaman
The Office of Fair Trading (OFT) has published a report recommending far-reaching reforms of the corporate insolvency regulatory regime.
In the report, the OFT said that landlords, as unsecured creditors,...
Tags on this discussion: creditors Insolvency Landlords Office of Fair Trading OFT
7 June 2010 | Christina Fitzgerald
On 25 March 2010, the Third Parties (Rights Against Insurers) Act 2010 (“the Act”) received royal assent and became law in England and Wales.
The purpose of the Act was to introduce reforms to...
Tags on this discussion: Insolvency Insurance Insurers Third Parties
14 May 2010 | Christina Fitzgerald
According to new Insolvency Service figures, the number of people in England and Wales becoming insolvent rose to a new high in the first three months of 2010.
A total of 35,682 people became insolvent...
Tags on this discussion: bankruptcy debt relief orders Insolvency IVA liquidation
14 May 2010 | Christina Fitzgerald
The EU commissioner for financial services has announced that the introduction of the Solvency II framework will be delayed by two months.
Solvency II, which is the new solvency regime for all EU insurers...
Tags on this discussion: Insolvency Insurance reinsurance Solvency II
6 April 2010 | Mark Tempest
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...
Tags on this discussion: administration bankruptcy Corporate Recovery Insolvency Insolvency Act insolvency rules liquidation receivers and managers voluntary arrangement
6 April 2010 | Mark Tempest
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...
Tags on this discussion: administration Administrators centre of main interest COMI Corporate Recovery Insolvency notice of appointment notice of intention to appoint
6 April 2010 | Oonagh Kenneally
Since the implementation of the Enterprise Act 2002 the administration of a company will only last for 12 months. The administrators can apply once to certain creditors of the company for a 6 month extension....
Tags on this discussion: administration Administrators Corporate Recovery Enterprise Act 2002 Extension of Administration Insolvency
Carolyn Jones 
