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