Tag: insolvency

Sherrards take to the high seas at R3!

Sherrards partner Karen Dobson, an Associate Member of R3, recently attended their annual conference in Vilamoura. Karen, who has an international speed boat licence, chartered a power boat thrilling some liquidators (not easily done!) by taking them out for the ride of their lives on the Atlantic Ocean.     R3, the association of business recovery …

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 …

Limits on assistance to foreign insolvency court

In this post, international commercial litigator Steven Loble discusses recent case, Singularis Holdings Ltd. v PricewaterhouseCoopers, in which the Judicial Committee of the Privy Council, which is the ultimate court of appeal for UK overseas territories and Crown dependencies, and for some Commonwealth countries, set out the limits of a court’s power to assist in obtaining evidence …

Non Payment of Rents: A Guide for Landlords and Managing Agents

While the financial climate is much healthier than it has been in the previous five years, landlords and managing agents of commercial properties I speak to still tell me they have problems with their commercial tenants failing to pay the rents and services charges. So, what can you do when payment has not materialised by …