Insolvency

The Supreme Court has dismissed both sides’ appeals in the landmark insolvency case of Bilta

The El-Husseiny litigation ‘is as academic as it is important’, write Joseph Tendler, senior associate at Marriott Harrison, and Daniel Warents, barrister at XXIV Old Buildings, in this week’s NLJ. The Supreme Court’s judgment considers in detail the scope of certain sections of the Insolvency Act 1986.

Joseph Tendler & Daniel Warents contemplate the future of s 423 of the Insolvency Act 1986 after the most recent judgment in the El-Husseiny litigation

The definition of ‘property’ is about to expand: Jessica Boxford, Joseph Evans & Cassidy Fan explore the impact on insolvency practitioners

Rakesh Kapila explains when it is important to consider assets when valuing businesses

Foreign judgments can serve as the basis for bankruptcy or winding-up petitions even if not formally recognised in the courts of England and Wales, two recent judgments confirm. However, the process is not automatic, as Lauren Pardoe, partner, and Camilla Pratt, senior associate, in Rosling King’s dispute resolution group, write in this week’s NLJ.

The courts have provided welcome clarity on enforcing foreign judgments in English insolvency proceedings: Lauren Pardoe & Camilla Pratt outline the opportunities & challenges

Property and other immovables in England and Wales are protected from the reach of foreign judicial decisions, the Supreme Court has confirmed.

Iain Young discusses the emerging legal landscape of digital assets in England & Scotland

NLJ serves up a double helping of crypto this week. First, Andrew Bird KC takes a detailed look at the powers to freeze and destroy digital assets. Next up, Iain Young covers the legal landscape of crypto in Scotland & England