Normally it is the Companies Court which deals with administration related applications.However in X-Fab Semiconductor Foundries AG v Plessey Semiconductors Limited [2014] EWHC 3190 (QB) (17 July 2014), the High Court has held that, in exceptional circumstances, the Queen’s Bench division can hear an application to permit creditor action against Read more…
News On 22 April 2014, court fees payable in the High Court and County Court for insolvency relating applications and filings increased, sometimes substantially. For example, the petition fee for an administration order has increased to £280 and the court fee for an application within existing insolvency proceedings has increased Read more…
Welcome to this month’s insolvency update. I have set out below some recent cases and changes to the legislation which may be of interest relating to both corporate and personal insolvency. We would also like to invite you to our new series of Insolvency updates, the first one taking place on Read more…