The court was asked to assist the joint liquidators of Float Capital[1] (the Company) in circumstances where it was inappropriate to seek creditor approval under Part 18 of the Rules. This was because the majority creditor of the Company,
The UK Supreme Court’s decision in Saxon Woods Investments Ltd v Costa [2026] UKSC 21 is not an insolvency case. However, it has important implications for directors of financially distressed companies and for office-holders assessing potential claims against former directors.
Registration is now open for the fall 2026 Law and Finance Workshop series. Please use this form to register. All workshops take place on Fridays from 1pm to 2pm ET via Zoom. Registered participants will receive the draft paper and zoom link
David Kluft notes a story that was all over the internet last week: “Can I insert hidden AI ‘prompt injections’ in my brief to trick the judge’s computer … or just as a joke?” —
Lesson 1. The home of two spouses generally is exempt from the bankruptcy estate (and thus is immune from foreclosure) if only one spouse owes the underlying debt.
Lesson 2. Mortgaged real estate is not immune from foreclosure simply because
INTRODUCTION
The Hon’ble Supreme Court of India recently addressed the crucial distinction between valid operational debts and unadjudicated damage claims under the Insolvency and Bankruptcy Code, 2016 (IBC). In Srinivasa Reddy Velagala v. Sravanthi Infratech Pvt. Ltd. (Civil Appeal No.
