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Drafting Applications for Disclosure under s.236 of IA 1986

A recent judgment in the High Court has highlighted the need for office-holders to take care not to make sweeping requests for information when making applications for disclosure from third parties under section 236 of Insolvency Act 1986 in respect of corporate insolvency. The decision emphasises the need to be specific in terms of the […]

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Third Party Funding for Litigation. Does it do what it says on the side of the box?

Third Party Funding for Litigation. Does it do what it says on the side of the box? In our experience and for the right type of case yes it really can work! As specialist litigation lawyers in our experience third party funding to assist with the expense of bringing a claim really can help. It’s

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Will Searle admitted to the Roll of Solicitors

We are delighted that Trainee Solicitor Will Searle has been called to the Roll of Solicitors. Will has predominantly specialised in contentious insolvency law involving property related matters. Senior Partner Jeremy Boyle commented: “We are proud of our tradition of high quality and robust training of future solicitors which is reflected in Will’s admission to

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Summit Law LLP appointed in the bankruptcy of comedian Steve Furst

Summit Law LLP has been instructed by the trustee in bankruptcy of the actor and comedian Steve Furst, who is currently appearing in the West End theatre production of “Made in Dagenham”. Summit Law partner, Jeremy Boyle commented: By way of assistance to the trustee in bankruptcy, we are continuing to look into Mr Furst’s

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Case Study – how litigation funding can help a claim reach a successful conclusion

Last year we were instructed by a Liquidator to pursue various statutory claims under the Insolvency Act 1986, against the company’s former directors. The company’s creditors decided they could no longer afford to fund the Liquidator’s legal costs, so Summit Law LLP arranged third party funding on the Liquidator’s behalf. Successful Outcome: Shortly after the

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Sunny Places for Shady UK Criminals – Management Receivership Assets in Spain

As globalisation of our society continues to gather pace Management Receivers are having to grapple with different legal systems as they attempt to trace and then recover assets in foreign jurisdictions. Since the 1960’s Spain has been a known favourite for many UK criminals trying to escape the clutches of the long arm of the

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Shareholder and Director Disputes – Blog 8

Remedies in Unfair Prejudice litigation In the last two instalments of our series on unfair prejudice petitions we considered valuation issues in outline and in particular concentrated on the Court’s approach to the valuation of the shares of the company involved. The valuation exercise is a usual course to take as the petitioner is normally

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