R&I update

Welcome to the latest edition of the R&I update, summarising the more interesting recent legal developments in restructuring and insolvency.

Liability of administrators for the economic loss of a creditor

Stuart Broom comments on the Court of Appeal's decision in Fraser Turner Ltd v PricewaterhouseCoopers LLP and others.

Shareholder loans in insolvency proceedings

Dino Straub comments on a recent German decision concerning direct and indirect shareholder loans.

Taking security over goods in Austria

Andreas Howadt considers a change in approach in Austria to taking security over goods.