Tag: Insolvency

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…

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…

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…

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:…