Mondaq All Regions - Isle of Man: Insolvency/Bankruptcy/Re-structuring
DQ Advocates
His Honour Deemster Doyle recently handed down judgment in a case which considered the legal principles applicable when a party seeks to challenge decisions made by a court-appointed liquidator during the liquidation of a company.
Appleby
Insolvency law in the Isle of Man has failed to be reformed on different occasions in the last twenty years in spite of Government initiatives.
Simcocks
A discussion of the decision of the Judicial Committee of the Privy Council in Singularis Holdings Limited v PwC [2014] UKPC 36.
DQ Advocates
In the recent case of Lombard Manx Limited v The Spirit of Montpelier Limited (CHP 2014/23), the principal question for the Isle of Man High Court (His Honour Deemster Doyle, the Island's Chief Justice) was whether the Court had jurisdiction at common law to rescind a winding-up order.
DQ Advocates
The Isle of Man High Court issued useful guidance on the procedure and principles applicable to payment of provisional liquidators’ fees in a protracted winding up case.
Simcocks
The recent decision put before the courts the question of whether sanction should be given to a liquidator to appoint lawyers in the Isle of Man and various jurisdictions worldwide.
DQ Advocates
In the recent case of Lombard Manx Limited v The Spirit of Montpelier Limited (CHP 2014/23), the Isle of Man High Court considered the law in respect of when a creditor will be entitled to a winding up order "virtually as of right" against a defaulting debtor.
Appleby
On the 6th March 2014, Mann J placed Gulldale Limited into administration in England. In so doing, Gulldale became the first Isle of Man incorporated company with the centre of main interest in the Isle of Man to be placed into administration in England.
Simcocks
This article considers the tension between the Privy Council decision in Cambridge Gas and the Supreme Court decision in Rubin.
DQ Advocates
On 9 January 2014, His Honour Deemster Doyle (the Isle of Man’s Chief Justice) issued his judgment in the case Capita v Gulldale.
DQ Advocates
In May 2013, the Supreme Court handed down judgment in the case of "BNY Corporate Trustee Services Limited and others v Eurosail-UK 2007-3BL PLC".
DQ Advocates
In the recent case of HSBC Bank plc v Tambrook Jersey Limited [2013] EWCA Civ 576, the English Court of Appeal issued guidance in respect of when an English Court will assist a foreign Court in insolvency matters.
Simcocks
Although not on appeal from an Isle of Man court, the Supreme Court in these two cases dealt with principles very relevant to Manx lawyers.
Appleby
Most jurisdictions have by now felt the effects of the credit crunch to a certain degree and are having to make adjustments to protect themselves and their businesses from its effects.
Appleby
The Isle of Man recently played its part in concluding a long running case in respect of an insolvent group of companies. In doing so the Manx Court (in the guise of the Privy Council) has rendered a landmark decision in the field of cross border insolvency.
Appleby
The Island recently played its part in concluding a long running legal case in respect of an insolvent group of companies. In doing so the Manx Court (in the guise of the Privy Council) has rendered a landmark decision in clarifying the law of international cross border insolvency.
Most Popular Recent Articles
Appleby
Insolvency law in the Isle of Man has failed to be reformed on different occasions in the last twenty years in spite of Government initiatives.
DQ Advocates
His Honour Deemster Doyle recently handed down judgment in a case which considered the legal principles applicable when a party seeks to challenge decisions made by a court-appointed liquidator during the liquidation of a company.
Simcocks
A discussion of the decision of the Judicial Committee of the Privy Council in Singularis Holdings Limited v PwC [2014] UKPC 36.
Article Search Using Filters
Related Topics
Popular Authors
Up-coming Events Search
Tools
Font Size:
Translation
Channels
Mondaq on Twitter
Partners
In association with