Welcome to our first Quarterly Insolvency Bulletin. In this edition, we bring you updates and news on issues and topics relating to security.
Simon Banks reports on key lessons for office holders arising out of Re Aston Lloyd & Partners International Limited [2022] EWHC 3006 (Ch), a recent success for Navinder Grover and Simon Banks relating to an administrator's statutory charge. Katie Farmer and William Appleyard discuss two recent decisions on enforcing different security interests, Harvey Lavis covers common issues relating to bounce back loans, and Katie Farmer also highlights some recent decisions concerning the consent of secured creditors to administration extensions as well as a reminder on out of hours appointments of administrators by the holders of qualifying floating charges.
Trowers & Hamlins' national insolvency team undertakes a wide range of restructuring & insolvency assignments for regional, national and international clients. The team has expanded significantly in recent years, with the recruitment of Martyn Kolankiewicz in London and Sebastian Lang in Manchester bringing non-contentious expertise to complement the contentious work for which Navinder Grover and Dan Butler are well known. Katie Farmer has also joined the firm's Exeter office.
If there is a topic you would like us to cover in future editions, please get in touch with one of the team.
Click the links below to view our latest insights and news:
- Court orders a liquidator to pay back his remuneration for secured creditor
- Enforceability of security interests on insolvency - two recent decisions
- Bounce back loans and the rights of lenders
In other news:
In this series of bitesized articles, we look at: