Legislation
Case Law

 

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Re IT Protect Ltd (in liquidation) Bramston and another (as joint liquidators of IT Protect Ltd) v Pye and another [2020] EWHC 2473 (Ch)
The case concerned a misfeasance claim against two respondents; a de jure director of the company and a de facto director.
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Re. Sunbird Business Services Ltd [2020] EWHC 2493 (Ch)
Mr Justice Snowden has declined to sanction a scheme of arrangement due to the "paucity of information" provided by the company to the creditors ahead of the creditor vote. He also commented on the practice of lock-up agreements and highlighted concerns with the payment of lock-up fees.
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Fakhry v Pagden and another [2020] EWCA Civ 1207
The appellant succeeded on his appeal against an order dismissing an application to, among other things, to set aside an ex parte order, by which three associated companies, which had been dissolved at the conclusion of their respective members' voluntary liquidations, had been ordered to be restored to the register of companies; and new (present) liquidators had been appointed.
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Re Virgin Atlantic Airways Ltd (Part 26A, CA 2006 'Restructuring Plan')
On 2 September 2020, Mr Justice Snowden decided to sanction the Restructuring Plan proposed by Virgin Alantic Airways Limited. This judgment gives the reasons behind the sanction.
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A de facto director - Secretary of State for Business, Energy and Industrial Strategy v Rahman
In this case the Secretary of State (‘SoS’) applied for a disqualification order against Mr R as a director under the Company Directors Disqualification Act 1986. However, the claim was unsuccessful and dismissed by the Court.
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Manolete Partners Plc and Andrew Michael Riches (Note of Judgment of ICC Judge Jones)
Para. 9 - "I am satisfied that designated members will include the same duties that directors owe to limited companies as set out in the Companies Act 2006 and also as a matter of common law and equity."
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