Blog
Rayner my parade! The importance of specialist advice.
Jemma Brimblecombe
7 May 2020
Fraud Unravels All?
In the recent case of Georgallides –v- Secretary of State for Business, Energy and Industrial Strategy [2020] EWHC 768 (Ch), the High Court grappled with the question of how the maxim “fraud unravels all” should apply to disqualification undertakings given pursuant to Section 8A of the Company Directors Disqualification Act 1986 (“the CDDA”).
15 April 2020
Civil Fraud Quarterly Round-Up: Q1 2020
A Civil Fraud quarterly round-up (1st quarter 2020)
15 April 2020
Liquidation and Fiduciary Duties: No Rest for (the Wicked?) Directors
In Hunt (as Liquidator of System Building Services Group Ltd) v Michie & Ors [2020] EWHC 54 (Ch), ICC Judge Barber has confirmed that directors of insolvent companies remain subject to fiduciary duties, even after those companies enter into an insolvency procedure.
31 March 2020
The Maserati Fraud
In the recent case of Sell Your Car With Us Limited v Sareen [2019] EWHC 232 (Ch) the Insolvency Court were asked to determine whether the ultimate victim of an email hacking fraud, Mr Sareen, was liable in contract and/or tort to Sell Your Car With US Ltd (the “Company”) for causing the fraud by failing to take reasonable care over the security of his emails and/or take reasonable control over his email security.
31 March 2020
Alok Sharma shakes up insolvency laws
Last week and, again, on Saturday 25 March 2020, the government announced plans to introduce changes to current insolvency laws to ease pressures on UK businesses being caused by the global pandemic, COVID19. See latest announcement here.