Category Insolvency,

CORONAVIRUS: HOW HAS IT AFFECTED THE LAW? THE KEY CASES SET OUT

Over the past three months lawyers, and the courts, have been dealing with the impact of coronavirus.  This is an appropriate time to set out the key judgments where coronavirus has had an impact on both procedural and substantive law.  Here are summaries of (and links to) the cases where the impact of COVID is […]

CORPORATE INSOLVENCY AND GOVERNANCE BILL FAST-TRACKED THROUGH PARLIAMENT: A SUMMARY OF KEY POINTS,A FORTHCOMING WEBINAR AND HOW TO GET A FREE GUIDE TO THE ACT

We have already seen cases where  the fact that the Corporate Insolvency and Governance Bill is passing through Parliament has had an impact on judicial decision making.  Here Louis Doyle QC  takes us through the key elements of the Bill. Note that there are details of a free webinar that Louis is taking part in. […]

THE CORPORATE INSOLVENCY AND GOVERNANCE BILL: CONSIDERED IN SUCCESSFUL APPLICATION TO RESTRAIN A WINDING UP PETITION

Although  the Corporate Insolvency and Governance Bill 2020 has not been enacted it is playing a part in litigation even now. This is clear from the judgment of Mr Justice Morgan in A Company (Injunction To Restrain Presentation of Petition) [2020] EWHC 1406 (Ch). The judge made an order restraining the presentation of a winding […]

THERE ARE 110 POSTS ON THIS SITE: HERE IS A GUIDE TO HELP YOU TAKE YOUR PICK

This site has been going for a month now. During that time there have been 110 individual posts across a wide range of subjects. To help readers we thought it was time that the posts were catalogued in an easily available way. (To further assist most of the posts are categorised in any event. If, […]

TEMPORARY PRACTICE DIRECTION SUPPORTING THE INSOLVENCY PRACTICE DIRECTION: THE KEY POINTS HIGHLIGHTED

The Temporary Practice Direction supporting the Insolvency Practice Direction is reproduced in full below. Eleanor Temple summarises the key points.  Eleanor’s detailed summary can be found on the Kings’ website here. Points of note.   * New Guidance of appointments of administrators * NOI and NOA which are electronically filed when the court is open […]

THE TEMPORARY INSOLVENCY PRACTICE DIRECTION – IN FORCE IMMEDIATELY

A temporary IPD which has been drafted by Mr Justice Zacaroli with Chief ICCJ Briggs, Mr Justice Snowden and Mr Justice Marcus Smith is in force from today. Eleanor Temple explains its purpose.   Application It applies to all insolvency proceedings throughout the Business and Property Courts, subject to any variations outside London as directed […]

COVID-19 – Corporate Insolvency Framework ‘Protective Shield’ Changes / Expected Insolvency Practice Direction

Eleanor Temple, Barrister at Kings Chambers and Chair of R3 (Yorkshire) responds to today’s (28 March) announcement of emergency changes to the corporate insolvency framework. (We will put full details of the legislative changes on this site, together with links as soon as they are available.)   Overview: The UK has a world-leading insolvency and […]

DIVIDEND PAYMENT CONSIDERATIONS IN THE PANDEMIC

Mark Harper QC and Louis Doyle QC look at the litigation risks inherent in a company’s board acting on a dividend policy which fails to take account of the changing pandemic landscape   1. Owner/directors paid by dividends are not helped by the Self-Employment Income Protection Measures. 2. The income and future profitability of some […]

Covid-19 Insolvency Law Update: Emergency Changes and Court Hearings

Louis Doyle QC  provides a review of emergency legislation to aid businesses at home and abroad.   Kings Chambers’ insolvency team remains open for business, fully functioning and able to react to instructions at speed. We are working remotely and utilising platforms including Microsoft Teams, Skype for Business and Zoom for conferencing and court hearings. […]