Reconstruction & Corporate Recovery Update - December 2009
Issues discussed include:
- What can be claimed under S423 Insolvency Act 1986 (Transactions defrauding creditors)?
- Administration set-off. Some guidance on how to interpret r2.85-2.88 of the Insolvency Rules
- </td><//td>No duty of care owed by an Administrator to an unsecured creditor
- When were monies trust monies?
- How general can a request for information be under s236 Insolvency Act 1986?http://reaction.taylorwessing.com/reaction/Newsletters/RCR/2009_Dec_Page05.html
- </td><//td>Schemes of Arrangement cannot deal with proprietary claims in trust assets
- Clarification of anti-deprivation principle
- </td><//td>Voluntary v Compulsory Winding-up
- </td><//td>Trying to balance the operation of the UNCITRAL model law on Insolvency
- </td><//td>Hotel finance: managing developments in distress
- </td><//td>Bankruptcy tourism: excess baggage
- The OFT has launched a market study into corporate insolvency
- </td><//td>Results of Consultation on Encouraging Company Rescue
- Four months to get to grips with new Insolvency Rules
Lawyers Nick Moser, Neil Smyth