By Helen Fairhead (UK) on Posted in EuropeThe role of an IP has always been challenging – taking control of a company in crisis, making swift decisions based on limited information and balancing the competing interests of stakeholders; all of this requires sound judgment, often under extreme pressure. It is no surprise that, when things go wrong (or perhaps more accurately when… Continue Reading
By John Verrill (UK) on Posted in EuropeCambridge Gas Resuscitated – Farewell Rubin and Singularis? On September 19, 2018 UNCITRAL published the final text of its new Model Law on Recognition and Enforcement of Insolvency-Related Judgments. The working group considered the arrested development of the concept of modified universalism following the UK Supreme Court (“UKSC”) judgments in Rubin v Eurofinance SA [2013]… Continue Reading
By John Verrill (UK) on Posted in EuropeOn 13 September 2018 the UK Government published a briefing on the likely response post exit of the UK to cases which currently fall within the Recast EU Insolvency Regulation (2105/848) (“Regulation”) The full text of its proposal for insolvency cases is as follows: Cross-border insolvency cooperation The majority of the Insolvency Regulation, which covers… Continue Reading