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Publication

High Court declines to hear foreign winding up petition on COMI and S.221 grounds

We have become used to courts granting administration or winding up orders in respect of overseas companies which have COMI or an establishment in the UK. This case is a rare exception.
27 November 2014

Publication

How does the Privy Council's ruling on Saad affect modified universalism?

What next after the much anticipated judgments in PricewaterhouseCoopers v Saad Investments Company Limited [2014] UKPC 35 and Singularis Holdings Limited v PricewaterhouseCoopers [2014] UKPC 26?
27 November 2014

Publication

When will a court sanction the sale of fixed charge assets by an administrator?

The case of O’Connell v Rollings [2014] EWCA Civ 639 provides useful guidance on the factors the court will take into account.
27 November 2014

Legal update

Overtime Holiday Pay Cases

The Employment Appeal Tribunal (EAT) has today held that non-guaranteed overtime should be included in the calculation of a worker's holiday pay. 
04 November 2014

Publication

Family Owned Business newsletter - September 2014

In this edition we look at ways in which to 'de-risk' a family business, by ensuring that the family's assets are diversified and that the business is protected. 
29 September 2014

Publication

Transparency, Trust and the Red Tape Challenge - changes to company law

The Government has introduced the Small Business, Enterprise and Employment Bill aiming to implement plans to increase trust and confidence in UK companies.
14 July 2014

Publication

Can bankrupts receive an income payment order in addition to an income payment agreement?

This update considers the recent High Court decision in Thomas and Another v Edmondson about the court’s ability to make an income payment order against a bankrupt with an income payment agreement.
08 July 2014

Publication

The Graham report on pre-pack administrations

This update focusses on Teresa Graham’s recent review on pre-pack administration published by the Government, setting out areas for improvement and detailed recommendations to improve the procedure.
08 July 2014

Publication

Pre-pack the backdoor to COMI and UK insolvency regimes?

The COMI rules stop a foreign based company accessing the UK insolvency regimes without sufficient connection with the UK but in Christophorus 3 Limited the High Court took a different approach.
08 July 2014

Press release

Burges Salmon shortlisted as Corporate Law Firm of Year at SW Dealmakers Awards 2014

Burges Salmon was shortlisted in the Law Firm of the Year category at the South West Insider Dealmakers Awards 2014. The corporate team's transactions exceeded a value £4 billion in 2013.
16 June 2014

Publication

A scheme too far?

The English courts are prepared to sanction schemes of arrangements for foreign entities with "sufficient connection"; with England and Wales. We discuss the latest decision in Re Magyar Telecom B.V.
30 April 2014

Publication

Administrations update: the contributory rule and set-off of competing claims

We discuss the recent Supreme Court decision in Re Lehman Brothers International about the applying the "contributory rule" and the admissibility and set-off of contingent claims in administration.
30 April 2014
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