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New rights for third parties to bring direct actions against insurers in the event that an insured party against which they have a claim becomes insolvent will come into force on 1 August 2016. 28 Jul 2016
New bankruptcy rules that will come into force in Singapore from 1 August are designed to create a more "rehabilitative environment" for bankrupts and to prevent more bankruptcies from happening in the first place, the Ministry of Law (MinLaw) has said. ... 28 Jul 2016
If you are a creditor then there are a number of steps you can take in Scotland to recover the money you are owed. This guide outlines what they are.
This guide was last updated in August 2011.
The Third Parties (Rights against Insurers) Act 2010 makes it easier for a third party to pursue a claim directly against liability insurers if the insured is or becomes insolvent.
A number of businesses in markets reliant on the "discretionary spend" of consumers could suffer financial difficulties before the end of the year as a result of economic uncertainty stemming from the UK's decision to leave the EU, an expert has said. 01 Jul 2016
The supply of 'bunkers' of marine fuel on credit for immediate use was not governed by the 1979 Sale of Goods Act, leaving the shipping company in debt to the bank which has taken over the liabilities of the insolvent bunker supplier, the UK's highest court... 12 May 2016
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Pinsent Masons' Restructuring team helps a wide range of clients who are working with businesses in financial difficulty to rescue those businesses, improve recoveries and save jobs. We do this by working with all parties to identify opportunities and risks and to deliver innovative strategies to achieve our clients’ goals. Our clients trust us to work on many of the UK's most high profile restructuring assignments. We also draw upon a wealth of expertise and market contacts which we use to introduce new business opportunities to clients.
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