Insolvency Ruling – Stepping out of the “Grey Zone”?
A recent Supreme Court ruling, hailed as a “momentous decision for company law”, has examined when the directors of a distressed company owe duties to the company’s creditors. In BTI 2014 LLC v Sequana SA and Others [2022] UKSC 25, the Supreme Court helped to clarify...
Regulation Update: Economic Crime & Corporate Transparency
Following its passage through the House of Commons, the Economic Crime and Corporate Transparency Bill is now at committee stage in the House of Lords. The Bill follows on from the Economic Crime (Transparency and Enforcement) Act, passed in March 2022 in response to...
Is the judgement part of the punishment?
Deputy Prime Minister and Secretary of State for Justice Dominic Raab has this week reaffirmed his determination to expedite a change to the law, that will compel prisoners on remand to attend Court for sentencing. Mr Raab first committed to this change in December...
Will IPSO address its own systemic failings?
Further to our recent blog discussing Ofcom’s failure to hold the media to account, we now turn our attention to IPSO, the self-proclaimed toughest regulator in the developed world. Our question – is IPSO a genuine regulator, or simply a complaints handler? The...
