Tag: Insolvency

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RBS faces call for FCA-agreed GRG Review compensation scheme

A soon to be released FCA report on the Royal Bank of Scotland’s Global Restructuring Group scandal is to recommend an RBS GRG Review compensation scheme for businesses…

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Online Ticketing Company Directors Receive Lengthy Disqualification Order

The directors of Virtuosi Limited, which is a hospitality provider centred in Leicester, have been disqualified for a total of 18 years under the Company Directors Disqualification Act…

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Media Appearance: LEXLAW’s M Ali Akram on Comet Administration (Sky News)

LEXLAW’s M Ali Akram, who practises insolvency law at the firm, was interviewed by Joel Hills live on Sky News Business and also featured in a report by Sky News’…

Comet Administration highlights ‘Inequity of Legal Arms’

LEXLAW Principal, M Ali Akram, was interviewed by Joel Hills live on Sky News Business providing insolvency law commentary around the collapse of Comet Group Limited. Joint Administrators…

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Consequences of the abuse of process of early advertisement of Winding-up Petitions

Insolvency Rules 4.11 provides that once a Winding-up Petition has been presented, it must be advertised in the London Gazette.  Advertisement must take place within a certain window:…