Posts By: louisa

October 2019

ANNOUNCEMENT OF DIVIDEND PAID Case Name: Vertu Corporation Limited Type of Insolvency: Liquidation  Class of Creditor: Preferential Amount of Dividend: 100p in the £ Date Paid: 1 October, 2019

Griffins appointed Administrators of Supercapital Limited

On 12 September 2019, Supercapital ceased to provide any regulated business and Supercapital has updated its website to this effect. On 27 September 2019, the director of Supercapital Limited placed the company into administration.   Kevin Goldfarb and Stephen Hunt, both licensed insolvency practitioners and partners in Griffins, have been appointed as joint Administrators.  As Administrators…

September 2019

ANNOUNCEMENT OF DIVIDEND PAID Case Name: Greenwich Inc. Limited Type of Insolvency: Liquidation  Class of Creditor: Non-Preferential Amount of Dividend: 1.33p in the £ Date Paid: 3 September, 2019 ANNOUNCEMENT OF DIVIDEND PAID Case Name: Force One Security Services Limited Type of Insolvency: Liquidation  Class of Creditor: Non-Preferential Amount of Dividend: 1.19p in the £ Date Paid: 11 September, 2019

August 2019

ANNOUNCEMENT OF DIVIDEND PAID Case Name: MP Horseboxes Limited Type of Insolvency: Liquidation  Class of Creditor: Non-Preferential Amount of Dividend: 0.19p in the £ Date Paid: 9 August, 2019

Income Payments Orders are Provable in a Second Bankruptcy

The statutory lacuna over the effects of a second bankruptcy order on an existing Income Payments Order (“IPO”) has been filled by the Court of Appeal in Azuonye v Kent [2019] EWCA CIV 1289. The end result, that the IPO payments become debts provable in the second bankruptcy, seems to follow logic but it is of interest how…

Trustee in Bankruptcy Fails to Stop Court Reviewing his Legal Costs

In Ardawa v Uppal & Anor [2019] EWHC 1663 (Ch) the trustee in bankruptcy of Mr Ardawa took what will almost always be the correct approach when a debtor applies to annul a bankruptcy order by submitting a brief skeleton stating he was neutral but wanted provision for his costs if the bankruptcy order is annulled. As attendance…

June 2019

ANNOUNCEMENT OF DIVIDEND PAID Case Name: Noel Anthony Campbell Type of Insolvency: Bankruptcy Class of Creditor: Non-Preferential Amount of Dividend: 0.27p in the £ Date Paid: 4 June, 2019  

May 2019

ANNOUNCEMENT OF DIVIDEND PAID Case Name: FTXT Limited Type of Insolvency: Liquidation Class of Creditor: Non-Preferential Amount of Dividend: 20.11p in the £ Date Paid: 8 May, 2019 ANNOUNCEMENT OF DIVIDEND PAID Case Name: Andrew Paul Southam Type of Insolvency: Bankruptcy Class of Creditor: Non-Preferential Amount of Dividend: 6.52p in the £ Date Paid: 8 May, 2019 ANNOUNCEMENT OF DIVIDEND PAID…

Griffins Insolvency, Litigation & Forensics Conference – June 2019

Thank you to all those who attended the Griffins Insolvency, Litigation & Forensics Conference 2019. We hope that you found the sessions informative and interesting. A special thank you to our speakers from the UK and abroad for sharing their experiences with us. If you would like further information on any of the topics covered…