administration

Administrators' appointment valid - Minmar not followed by Norris J

12/22/11

The failure of directors to notify the company, in accordance with Paragraph 26, Schedule B1, Insolvency Act 1986, of their intention to appoint administrators does not necessarily render the administrators' appointment invalid.

In two carefully considered judgments in cases heard on consecutive days in November 2011, the most recent of which was handed down on 21 December:

Virtualpurple; and

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Administrators' appointment valid - Minmar not followed by Norris J

12/22/11

The failure of directors to notify the company, in accordance with Paragraph 26, Schedule B1, Insolvency Act 1986, of their intention to appoint administrators does not necessarily render the administrators' appointment invalid.

In two carefully considered judgments in cases heard on consecutive days in November 2011, the most recent of which was handed down on 21 December:

Virtualpurple; and

[more]

Are Social Security Overpayments Dischargeable in Bankruptcy?

05/25/11

social security demands repaymentBecause I handle both personal bankruptcy cases and Social Security disability cases, I

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Business risk from public spending cuts

09/12/10

Connaught PLC's administration illustrated the risk to private sector business of public spending cuts (Connaught collapse blamed on government spending cuts). That risk is further highlighted in research, statistics and commentary from such diverse sources as R3 (The Association of...

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Connaught collapse blamed on government spending cuts

09/07/10

The impending administration of the FTSE 250 social housing company, Connaught PLC, is widely reported today. This tangible illustration of the effect government spending cuts can have on industry poses questions about the future of the UK economy. There will...

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Unfair football creditors rule?

04/26/10

Portsmouth FC's administrators' proposals to creditors make fascinating reading. Their accessibility highlights the Football Association's football creditors rule, which requires players, clubs and agents to be paid often very large sums in full, while non-football creditors including charities such as...

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Landlords as creditors: tenant insolvency

04/01/10

Some landlords struggle with their position in administrations (especially pre-packs) and CVAs, as illustrated by the naturally landlord-centric perspective of insolvency given by the British Property Federation. Landlords are so used to their powers of distraint and forfeiture maintaining their...

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