‘A couple who made a fortune bankrupting companies to fund their lavish lifestyle have today been ordered to repay more than £10million.’
Crown Prosecution Service, 12th September 2019
Source: www.cps.gov.uk
‘A man does not have to continue making payments after he was discharged from a first bankruptcy and made bankrupt for a second time, the Court of Appeal in England has ruled.’
OUT-LAW.com, 8th August 2019
Source: www.pinsentmasons.com
‘The government has launched an independent inquiry into the collapse of London Capital & Finance, the investment firm at the centre of a mounting £236m financial scandal in which thousands of investors lost money. Dame Elizabeth Gloster, a leading high court judge specialising in corporate failures, finance and fraud, will lead the investigation into the company and the oversight of the City watchdog ahead of its collapse.’
The Guardian, 23rd May 2019
Source: www.theguardian.com
‘A judge in the Insolvency and Companies Court (ICC) was wrong to adjourn a bankruptcy petition hearing, an action which meant that the first creditors to present bankruptcy petitions would have their case heard first. The High Court in England has said that the ICC judge should have given reasons for not following two previous ICC orders that the first petition be heard first.’
OUT-LAW.com, 27th February 2019
Source: www.out-law.com
‘The High Court in England has ruled that a statutory demand based on a judgment debt is valid, despite the judgment debt arising from a guarantee which prohibited the creditor from enforcing the guarantee in bankruptcy proceedings. The High Court also clarified that judgment interest and costs do not form part of the debt and can be enforced separately.’
OUT-LAW.com, 24th January 2019
Source: www.out-law.com
‘Directors of firms that cold-call consumers can now be fined up to £500,000 under new rules that have come into force.’
BBC News, 17th December 2018
Source: www.bbc.co.uk
‘The former world No 1 tennis player Boris Becker has dropped his claim to have diplomatic immunity from bankruptcy. The three-time Wimbledon champion had argued his appointment by the Central African Republic as a sporting, cultural and humanitarian attache to the European Union meant he could not be subjected to legal proceedings.’
The Guardian, 3rd December 2018
Source: www.theguardian.com
‘Claimants who discontinued their case four days into a six-week trial have been ordered to pay the defendants’ costs on the indemnity basis because their conduct took it ‘out of the norm’.’
Litigation Futures, 19th October 2018
Source: www.litigationfutures.com
‘The Court of Appeal has allowed the Solicitors Regulation Authority (SRA) to try and recover the £800,000 it spent intervening in collapsed law firm Blavo & Co.’
Legal Futures, 17th October 2018
Source: www.legalfutures.co.uk
‘The High Court has overturned a bankruptcy order made against a woman who owed Aylesbury Vale District Council £8,067 in council tax arrears.’
Local Government Lawyer, August 2018
Source: www.localgovernmentlawyer.co.uk
‘A costs judge was wrong to give the paying party the benefit of the doubt when she was not sure if there was an implied retainer in existence before the written agreement, a High Court judge has ruled.’
Litigation Futures, 21st August 2018
Source: www.litigationfutures.com
‘The Solicitors Regulation Authority (SRA) has made struck-off solicitor Alan Blacker bankrupt over unpaid costs.’
Legal Futures, 20th August 2018
Source: www.legalfutures.co.uk
‘Former world tennis number one Boris Becker has claimed diplomatic immunity from bankruptcy proceedings – citing his role as a sports attache to the Central African Republic.’
The Independent, 15th June 2018
Source: www.independent.co.uk
‘Struck-off solicitor Phil Shiner has had his bankruptcy extended by five years after he gifted away nearly £500,000 worth of assets to family members before declaring himself bankrupt and was unable to pay £6.5m back to his creditors.’
Legal Futures, 26th February 2018
Source: www.legalfutures.co.uk
‘On 20 October 2017 Registrar Derrett handed down judgment in the case of Thomas v Haederle (unreported), in which she gave reasons for dismissing a bankruptcy petition presented by the debtor (T) in the County Court at Norwich on 4 December 2014, pursuant to s 272 of the Insolvency Act 1986 (IA86), as it then was.’
Hardwicke Chambers, 2nd November 2017
Source: www.hardwicke.co.uk
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