Restructuring & Corporate Recovery Update - May 2011
19-May-2011 | Banking & Finance, Restructuring & Corporate Recovery
Welcome to the May edition of Restructuring & Corporate Recovery Update.
In this issue we look at:
- Failure to obtain FSA consent invalidates appointment of administrators to a regulated company
- Where a company in administration is solvent, when can it be just and equitable for it to be wound up?
- Foreign winding up order takes effect and binds administrators notwithstanding that the administration is the main proceeding
- Cross-border insolvency – how to deal with a potential mismatch
- The extent of the effectiveness of a retention of title clause
- Enforcement of foreign judgments on avoidance of antecedent transactions
- Voting turn out in Scheme of Arrangement
- New proposals for German restructuring law
Lawyers Nick Moser, Neil Smyth, Claire Martin-Royle
