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MF Global UK Ltd, Re Investment Bank Special Administration Regulations 2011: ChD 4 Jul 2014

Application to enable a settlement agreement to be made which would compromise and release all tracing and other claims between MF Global UK Limited (MFGUK) as trustee of the trust of client money and the general estate of MFGUK acting by its joint administrators. Held: There was nothing to exclude the statutory power of compromise. … Continue reading MF Global UK Ltd, Re Investment Bank Special Administration Regulations 2011: ChD 4 Jul 2014

In re MF Global UK Ltd (In Special Administration): ChD 14 Jun 2013

The bank’s administrators sought directions for the management of money held in trust for its clients. David Richards J [2013] EWHC 1655 (Ch), [2013] WLR(D) 236, [2013] 1 WLR 3874, [2013] 2 BCLC 426, [2013] WTLR 1239 Bailii, WLRD Investment Bank Special Administration Regulations 2011 England and Wales Financial Services Updated: 13 December 2021; Ref: … Continue reading In re MF Global UK Ltd (In Special Administration): ChD 14 Jun 2013

Worldspreads Ltd, Re: ChD 18 Mar 2012

Application by the directors of Worldspreads Limited, which I shall call ‘the Company’, for a special administration order to be made under the Investment Bank Special Administration Regulations 2011 in respect of the Company, which is an ‘investment bank’ within the special and broader statutory definition. Citations: [2012] EWHC 1263 (Ch) Links: Bailii Jurisdiction: England … Continue reading Worldspreads Ltd, Re: ChD 18 Mar 2012

Heis and Others (Administrators of MF Global UK Ltd) v MF Global Inc: ChD 1 Nov 2012

An investment bank administrator who had been appointed under the 2011 Regulation was strictly analagous to a liquidator being appointed. Judges: David RichardsJ Citations: [2012] EWHC 3068 (Ch), [2012] WLR(D) 304, [2013] 1 WLR 903, [2013] 1 BCLC 552 Links: Bailii, WLRD Statutes: Investment Bank Special Administration Regulations 2011 Jurisdiction: England and Wales Banking, Insolvency … Continue reading Heis and Others (Administrators of MF Global UK Ltd) v MF Global Inc: ChD 1 Nov 2012

Airways Pension Scheme Trustee Ltd v Fielder and Another (3032): ChD 11 Nov 2019

Judges: Zacaroli J Citations: [2019] EWHC 3032 (Ch) Links: Bailii Jurisdiction: England and Wales Citing: See Also – Airways Pension Scheme Trustee Ltd v Fielder and Another ChD 15-Jan-2019 . . Cited – In Re Beddoe, Downes v Cottam CA 1893 A trustee had unsuccessfully defended an action against the trust in detinue for the … Continue reading Airways Pension Scheme Trustee Ltd v Fielder and Another (3032): ChD 11 Nov 2019

Akers and Others v Samba Financial Group: SC 1 Feb 2017

Saad Investments was a Cayman Islands company in liquidation. The liquidator brought an action here, but the defendant sought a stay saying that another forum was clearly more appropriate. Shares in Saudi banks were said to be held in trust for the company, but Saudi law would not recognise such trusts. The shares had been … Continue reading Akers and Others v Samba Financial Group: SC 1 Feb 2017

Wilson v Secretary of State for Trade and Industry; Wilson v First County Trust Ltd (No 2): HL 10 Jul 2003

The respondent appealed against a finding that the provision which made a loan agreement completely invalid for lack of compliance with the 1974 Act was itself invalid under the Human Rights Act since it deprived the respondent lender of its property rights. It was also argued that it was not possible to make a declaration … Continue reading Wilson v Secretary of State for Trade and Industry; Wilson v First County Trust Ltd (No 2): HL 10 Jul 2003

Chartbrook Ltd v Persimmon Homes Ltd and Others: HL 1 Jul 2009

Mutual Knowledge admissible to construe contract The parties had entered into a development contract in respect of a site in Wandsworth, under which balancing compensation was to be paid. They disagreed as to its calculation. Persimmon sought rectification to reflect the negotiations. Held: The appeal succeeded. There were difficulties in construing the contract. The contract … Continue reading Chartbrook Ltd v Persimmon Homes Ltd and Others: HL 1 Jul 2009

Regina v Secretary of State for The Home Department Ex Parte Simms: HL 8 Jul 1999

Ban on Prisoners talking to Journalists unlawful The two prisoners, serving life sentences for murder, had had their appeals rejected. They continued to protest innocence, and sought to bring their campaigns to public attention through the press, having oral interviews with journalists without undertakings from the journalists not to publish any element of the interview. … Continue reading Regina v Secretary of State for The Home Department Ex Parte Simms: HL 8 Jul 1999

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