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Restructuring & Corporate Recovery Update - June 2011

22-Jun-2011  |  Banking & Finance, Restructuring & Corporate Recovery


Welcome to the June edition of Restructuring & Corporate Recovery Update.

In this issue we look at:

  • The nature of a guarantee liability for IVA voting purposes
  • Directors must comply with their internal rules when deciding to appoint administrators
  • Courts Unsympathetic to directors’ claims where company records are incomplete
  • What constitutes the preference
    The agreement to give the charge or the grant of the charge itself?
  • Lehmans: The administrators will just have to wait for the Supreme Court decision
  • Were claims to recover loans to directors statute barred?
  • Another scheme of arrangement for a foreign incorporated company
  • One cannot appoint an administrator to an unincorporated association
  • Response to consultation on Restructuring Moratorium
  • FSA publishes cooperation guidance
  • Investment bank special administration regime

Lawyers Nick Moser, Neil Smyth, Claire Martin-Royle

 
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