Going back for the future
The Court of Appeal's judgment in Jervis v Pillar Denton Limited (Gamestation) [2014] EWCA Civ 180 on 24 February 2014 has redefined when rent is payable as an administration expense and taken us back to the Salvage (Lundy Granite) principle. Read more
It's up and it's down
Figures for the first quarter of 2014 show a fall of 2.8% in the number of administrations, receiverships and company voluntary arrangements and a rise of 4.9% in the number of compulsory and creditors voluntary liquidations, when compared to the same period in 2013. Read more
Bankrupt can't squirrel income away...
An Income Payments Order ("IPO") can include income arising after the date of the bankruptcy but before the date of the IPO. Read more
TUPE or not TUPE
The tension between the Transfer of undertakings (Protection of Employment) Regulations 2006 ("TUPE") and the insolvency regime was in the spotlight again in the case of Kavanagh v Crystal Palace FV [2013] EWCA Civ 141, where employees of Crystal Palace FC claimed that they had been unfairly dismissed within the meaning of TUPE. Read more
EMW Spring Newsletter Challenge
Try your hand at our Newsletter challenge... Simply click on the image below to view the crossword and the clues. Email your completed crossword to news@emwllp.com. Every correct entry will then be entered into a prize draw to win a bottle of bubbly.
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| Introducing...
Angela Stallard
Angela has recently joined as a Principal in the Corporate team. Based in Chancery Lane, Angela will be focusing on banking, restructuring, refinancing and insolvency.
Proposals for IP Regulations
The Queen's Speech at the state opening of parliament on 4 June 2014 is due to include government proposals on IP regulation, trust and transparency. The industry is preparing to comment on the issues raised...
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Contact us
The information contained in this update is for general information purposes only and should not be relied on in isolation without seeking further legal advice that is specifically applicable to your circumstances.
For such advice please contact Damon Watt or Angela Stallard. |