Tag: creditors

Retention of Title claims and Administrators

When a company is placed into administration, it is typical for a creditor of that company to seek to exercise their retention of title (“ROT”) clause.  But to what extent are administrators under a duty to identify an ROT claimant’s property? The recent case of Blue Monkey Gaming Ltd v Hudson & Others [2014] EWCH (Ch) held …

Creditors bankruptcy petitions– A change is going to come

Changes to the Personal Insolvency debt threshold have recently been announced which are due to come into effect in October 2015.  The proposed changes would mark a significant shift in the options available to creditors pursuing debtors for relatively small debts, and have received mixed views. How the land lies currently The current system entitles …