On 7 May 2025, the UK Supreme Court handed down its judgment in Bilta (UK) Ltd (in liquidation) and others v Tradition Financial Services Ltd [2025] UKSC 18. The judgment primarily concerned the scope of s.213 Insolvency Act...more
The Court of Appeal has held that seeking satisfaction of a foreign judgment debt using a statutory demand and the spectre of bankruptcy proceedings first requires the judgment to be recognised in this jurisdiction....more
"The law on 'knowing receipt' has perplexed judges and academics alike for several decades" – Lord Burrows (paragraph 99).
In a decision with significant implications for claims involving fraud and breach of fiduciary duty...more
7/22/2024
/ Beneficial Owner ,
Breach of Duty ,
Breach of Trust ,
Business Ownership ,
Fiduciary Duty ,
Fraud ,
Insolvency ,
Popular ,
Securities ,
Trustees ,
UK ,
UK Supreme Court ,
Unjust Enrichment
Kwasi Kwarteng, UK Business and Energy Secretary is reported to have said on 20 September that “My task is to ensure that any energy supplier failures cause the least amount of disruption to consumers”....more