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Court of Appeal highlights dangers to lenders of choosing to enforce only part of a security

Lenders must be careful to ensure that they do not lose the right to enforce their remaining rights under a security agreement when they choose to enforce only part of it, the Court of Appeal has warned. 20 Oct 2014

Total annual pension protection levy on employers to fall as new risk measurements come into force

The total amount that UK companies operating defined benefit (DB) pension schemes can together expect to pay into the 'lifeboat' fund that guarantees those pensions if the employer becomes insolvent will fall next year, the Pension Protection Fund (PPF) has... 07 Oct 2014

Out-Law Guides

  • Insolvency procedures

    This guide is based on UK law as at 1st February 2010, unless otherwise stated. It is part of a series on Financial difficulty and insolvency . The following is a brief summary of insolvency...

  • Financial difficulty and insolvency: Other considerations

    This guide is based on UK law as at 1st February 2010, unless otherwise stated. It is part of a series on  Financial difficulty and insolvency . Other guides in this series address minimising the...

  • Wrongful trading FAQ

    This guide is based on UK law as at 1st February 2010, unless otherwise stated. It is part of a series on Financial difficulty and insolvency . Resigning will not, by itself, remove liability. In...

  • Personal liabilities for financial difficulties and insolvency

    This guide is based on UK law as at 1st February 2010, unless otherwise stated. It is part of a series on Financial difficulty and insolvency . In cases of insolvent liquidation, a director or shad...

  • Financial difficulty and insolvency: An introduction

    This guide is based on UK law as at 1st February 2010, unless otherwise stated. It is part of a series on Financial difficulty and insolvency . This guide looks at the legal position of directors...

Scottish court ruling on leases held by dissolved tenant companies gives certainty to landlords, says expert

The general rule that a dissolved company that is later restated to the Companies Register "continues in existence as if it had not been dissolved" does not prevent a landlord from terminating a lease held by that company, a Scottish court has ruled. 01 Sep 2014

Lehman Brothers UK employees to receive "full retirement benefits" following £184m pensions settlement

Former UK employees of Lehman Brothers, the US investment bank which collapsed in 2008, are expected to receive "full retirement benefits" after companies in the same group agreed to a settlement worth an estimated £184 million, the Pensions Regulator has... 20 Aug 2014

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