Is assigning a claim to another company a case of champerty?
The High Court was faced with a case relating to the assignment of rights under Civil Procedure Rules (CPR) 19.2(4), subrules (a) and (b) where there is a contractual restriction.
Cross-border restructuring and the power of the Courts under the cross-class cram-down
The High Court reviewed a restructuring plan, despite opposition from a creditor. Background: Sino-Ocean Group Holding (SOGH) Ltd. is incorporated in Hong Kong and its shares
Honesty is always the best policy
The High Court was faced with a request to disqualify a director for overstating the turnover of his company in a ‘Bounce Back Loan’ application. Background: The Secretary of
Redress payments made to consumers are tax deductible
The Court of Appeal (CoA) was required to clarify the tax deductibility of consumer redress payments and whether they amounted to a penalty, wherein a deduction is prohibited or is
Share forfeiture for unpaid debts unrelated to the shares themselves
The High Court ruled on the legality of share forfeiture for unpaid debts owed by a shareholder but unrelated to the shares themselves. Background: This is an appeal against an
UK courts cannot wind up a Luxembourg-based sub-fund
The High Court was asked whether entities other than companies and associations could be considered ‘unregistered companies’ under Section 220(1) of the Insolvency Act (IA) 1986
Challenging a monetary penalty notice imposed by the Information Commissioner’s Office
The Court of Appeal (CoA) was asked to clarify the approach to penalty appeals under the Data Protection Act (DPA) 2018 and where the burden of proof lies. Background: Doorstep
A sole director can take a decision if the Model Articles were not modified
The High Court was faced with the question of whether a company which had adopted the Model Articles without modification was able to operate with a sole
Challenging an improper dilution of a company’s shareholding
The Judicial Committee of the Privy Council held that a shareholder had a valid claim against a company following an improper allotment of shares. Background: There has been a
Challenging an improper dilution of a company’s shareholding
The Judicial Committee of the Privy Council held that a shareholder had a valid claim against a company following an improper allotment of shares. Background: There has been a