‘Fat Man’ wins legal battle over £2m gambling debt – The Times
“A billionaire gambler today won a legal bid to avoid paying a £2 million debt to a London casino.”
The Times, 3rd September 2008
Source: www.timesonline.co.uk
Category: debts
Islamic Investment Company of the Gulf (Bahama) Ltd v Symphony Gems NV and Others – Times Law Reports
Islamic Investment Company of the Gulf (Bahama) Ltd v Symphony Gems NV and Others
Court of Appeal
“Judges should be cautious before making a committal order against a judgment debtor who was prevented from attending an oral examination as to his means by the order of a court in a foreign jurisdiction.”
The Times, 4th April 2008
Source: www.timesonline.co.uk
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.
Socimer International Bank Ltd (in liquidation) v Standard Bank London Ltd – WLR Daily
“Where a commercial agreement obliged a creditor bank to determine the value of the assets of the defaulting debtor bank at the date of termination, the creditor bank’s obligation was to carry out an honest, but otherwise subjective valuation.”
WLR Daily, 25th February 2008
Source: www.lawreports.co.uk
Please note once a case has been fully reported the corresponding WLR Daily summary is removed.
Halabi (A Bankrupt) v Camden London Borough Council and another – WLR Daily
Halabi (A Bankrupt) v Camden London Borough Council and another; [2008] WLR (D) 46
“The court had no jurisdiction to annul a bankruptcy order on the basis of an undertaking from the bankrupt’s solicitor to pay the debts, costs and expenses of the bankruptcy.”
WLR Daily, 15th February 2008
Source: www.lawreports.co.uk
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
Administration and Enforcement Restriction Orders – Ministry of Justice
“This paper sets out for consultation the areas where secondary legislation will be used to establish the parameters required for the effective operation of both the revised Administration Order scheme and the Enforcement Restriction Order scheme.
Administration and Enforcement Restriction Orders consultation paper (PDF)
Annex A: new parts 6 and 6A of the County Courts Act 1984 (PDF)
Annex B: equality impact assessment (PDF)
Questionnaire (Word)
Ministry of Justice, 16th January 2008
Source: www.justice.gov.uk
Collier v P & M J Wright (Holdings) Ltd – WLR Daily
Collier v P & M J Wright (Holdings) Ltd
“Where a debtor offered to pay part only of the amount he owed and the evidence showed the creditor voluntarily accepted that offer, and relying on that acceptance the debtor paid that part of the amount he owed in full, the creditor would be bound to accept that sum in full and final satisfaction of the whole debt by virtue of the doctrine of promissory estoppel.”
WLR Daily, 17th December 2007
Source: www.lawreports.co.uk
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
Hill and Another v Haines – Times Law Reports
“An order made in matrimonial ancillary relief proceedings to convey property was not a transaction made without consideration, whether following a contested hearing or a compromise agreement.”
The Times, 12th December 2007
Source: www.timesonline.co.uk
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.
Hill and another v Haines – WLR Daily
Hill and another v Haines [2007] EWCA Civ 1284
“A property adjustment order made in ancillary relief proceedings, whether following a contested hearing or a compromise agreement, was made for consideration and was not therefore a transaction at an undervalue under section 339 of the Insolvency Act 1986. Parliament could not have intended that an order transferring the former matrimonial home from one spouse to the other should be capable of automatic nullification at the suit of the trustee in bankruptcy of a spouse against whom a bankruptcy order had subsequently made on his or her own petition.”
WLR Daily, 6th December 2007
Source: www.lawreports.co.uk
Please note once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
Divorcee entitled to clean break from bankrupt husband, court rules – The Times
“Court of Appeal rules that Wendy Haines does not have to give up her share of the matrimonial home proceeds to pay off ex-husband’s creditors.”
The Times, 5th December 2007
Source: www.timesonline.co.uk
Divorcee who made a clean break could lose settlement after ex-husband goes bankrupt – The Times
“A woman who faces being stripped of her divorce settlement to pay for her former husband’s debts was at the centre of a test case yesterday with far-reaching implications for ‘clean break’ divorces.”
The Times, 14th November 2007
Source: www.timesonline.co.uk
Day v Haine and another – WLR Daily
“Protective awards made pursuant to s 189 of the Trade Union and Labour Relations (Consolidation) Act 1992 were not debts provable in the liquidation of a company in circumstances where they were made after the date of liquidation.”
WLR Daily, 22nd October 2007
Source: www.lawreports.co.uk
Please note: once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.
The debt claim process: helping people in debt to engage with the problem – Ministry of Justice
“This consultation paper seeks views on options for encouraging debtor engagement and consequential possible streamlining of procedures for dealing with non-defended debt claims. It will help to inform any proposed changes on handling debt problems in England and Wales.”
Ministry of Justice, 5th September 2007
Source: www.justice.gov.uk
Sempra Metals Ltd. (formerly Metallgesellschaft Ltd.) v. Inland Revenue Commissioners and Another – The Times
Compound interest is payable in restitution
Sempra Metals Ltd (formerly Metallgesellschaft Ltd) v Inland Revenue Commissioners and Another
“The court had power to make an award of compound interest in a claim for restitution where such an award was necessary to achieve full justice for the claimant.”
The Times, 25th July 2007
Source: www.timesonline.co.uk
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.
Bankrupt’s debts threaten ex-wife’s home – The Times
“A divorced woman faces being forced from her home of more than 20 years after a Court of Appeal ruling confirming that deals struck by former wives when they split with their husbands are not safe from creditors.”
The Times, 20th July 2007
Source: www.timesonline.co.uk
Analysis: Sempra has rewritten law on debt repayment – The Times
“The House of Lords’ ruling in the Sempra Metals case, while ostensibly about a complicated tax issue, could challenge the foundations of English law on the repayment of debt.”
The Times, 19th July 2007
Source: www.timesonline.co.uk
A million debtors face court action – Daily Telegraph
“Up to a million households struggling with rising living costs and lured by offers of easy credit will face court action over their debts this year.”
Daily Telegraph, 31st May 2007
Source: www.telegraph.co.uk
