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Senior Associate
In the case of Primeo Fund (in official liquidation) v Herald Fund SPC (in official liquidation), the Cayman Islands Court of Appeal considered an appeal by Herald from the Grand Court’s first instance decision.
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In Mark Alan Holyoake & other v Nicholas Anthony Candy & 5 Ors [2016] EWHC, the court granted a notification injunction requiring the defendants to notify the claimants before disposing or dealing with their assets.
The Supreme Court’s long-awaited decision in the consolidated appeals of Cavendish Square Holding BV (Appellant) v Talal El Makdessi (Respondent); ParkingEye Limited (Respondent) v Beavis (Appellant) [2015] UKSC 67 provides some useful guidance on the legality of contractual penalties.
Given the impact of the COVID-19 pandemic, the financial pressure that many companies are currently under may prove insurmountable. The financial support schemes cannot go on indefinitely and, when they are removed, it is likely that we will see the number of insolvencies increase.
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The Covid-19 pandemic has forced higher education institutions (HEIs) to move almost exclusively to remote learning for large periods of the last year. However, longer term, HEIs will no doubt be looking at the benefits of continuing with remote learning and/or a hybrid of in-person and remote learning.
Given the impact of the Covid-19 pandemic, the financial pressure that many companies are currently under may prove insurmountable.
This note provides a general overview of administration and what options are open to local authorities.
Mowbray HouseCastle Meadow RoadNottinghamNG2 1BJ