We often get asked very similar questions by new clients with potential interest rate swop claims against lenders. In this article we try and tackle a few of the more common ones. What exactly is an interest rate swap or IRS? We have seen several definitions but essentially an interest rate swap (IRS) is a […]
What is an interest rate swap or IRS? Read More »
We often get asked by clients to explain the difference between a “Calderbank” offer and Part 36 offers.A Calderbank offer, named after the 1975 Court of Appeal case in which it featured, is a letter expressed to be an offer which is written ‘without prejudice save as to costs’. The effect of the letter is
When is a Calderbank offer not a Part 36 offer? Read More »
have no hesitation in recommending Jeremy Boyle (Solicitor) at Summit Law LLP. I was a Joint Liquidator of a nightclub business and Jeremy and his team recovered over half a million pounds in damages following a successful application under Section 423 of the Insolvency Act 1986. Would I use him again? Yes definitely” Ian Robert
Death of the Debtor: Insolvency Administration Orders Read More »
The recent decision in Certain Limited Partners In Henderson PFI Secondary Fund II LLP (A Firm) v (1) Henderson PFI Secondary Fund II LLP (A Firm) and others [2012] EWHC 3259 (Comm) provides guidance on the liability of a Limited Partner (“LP”Â) of an English Limited Partnership. The case in question involved the LPs of
PFI Test Case Provides Guidance on Limited Partners Liability Read More »
The High Court has ruled in favour of the Football League over the ‘football creditors rule’. However, the judge said the ruling was based solely on whether the provisions conflicted with two fundamental principles of insolvency law, rather than the nature of the rule itself.
Court Rules for Football League over Creditor Rule Read More »
Former Farepak Executives seek to defend Company Director Disqualification Act proceedings in the High Court. Sir Clive Thompson and six of his co-directors face legal proceedings in the High Court brought by the Insolvency Service, after the 2006 collapse of Farepak, the Christmas hampers saving club. The Insolvency Service claims their conduct has made them
In light of the Lord Jackson reforms, we are running a limited number of seminars on insolvency litigation funding. If you are interested in arranging a seminar at your offices in London, please email info@summitlawllp.co.uk or contact Tanya Seevaratnam
Funding Insolvency Claims – Summit Law LLP Runs Seminars Read More »
