Restructuring & Corporate Recovery Update - November 2011
21-Nov-2011 | Banking & Finance, Restructuring & Corporate Recovery
Welcome to Taylor Wessing's November 2011 RCR Update summarising what we think are the more interesting recent legal developments in restructuring and corporate recovery.
This month we look at:
Retrospective administration orders – back on track?
Threshold test for obtaining the appointment of a provisional liquidator
COMI considered again by the Court of Justice of the EU
Wrongful trading – was the decision to carry on trading objectively reasonable?
Vacant property and council tax
The rule against double proof v the rule in Cherry v Boultbee
Lawyers Nick Moser, Claire Martin-Royle, Neil Smyth