By Craig Barrett on Posted in AdministrationThursday 18 September 2014 marked an historic day in UK domestic politics as the people of Scotland were given a chance to vote in a referendum which would have seen Scotland break away from the rest of the United Kingdom and become an independent country. Scotland and England have been united under a single government… Continue Reading
By on Posted in AdministrationBernard Madoff and his company Bernard L Madoff Investment Securities LLC (BLMIS) operated what seems likely to be the largest Ponzi scheme in history. BLMIS accepted sums estimated between US$17 billion and US$50 billion and Fairfield Sentry Ltd was one of the largest feeder funds which placed about 95% of its assets (US$7.2 billion) in… Continue Reading
By on Posted in AdministrationFrom Chadbourne’s London office — The recent decision by the Court of Appeal in Game Group (Pillar Denton Limited and Ors v Jervis & Ors) has delighted landlords and insolvency practioners alike by closing a controversial legal loop hole. Prior to the decision, the law had been left in “a very unsatisfactory state” with respect… Continue Reading
