By Mark Schneider (AU) on Posted in AdministrationOn August 22, 2019, Justice Gleeson delivered her judgment in Re Halifax. Halifax Australia (Halifax Aus) owned and operated a number of Halifax investment services companies operating under the Halifax name in various locations around the world. In late 2018, liquidators were appointed to Halifax Aus. At the time, Halifax owned 70% of Halifax New… Continue Reading
By Craig Barrett on Posted in AdministrationThursday 18 September 2014 marked an historic day in UK domestic politics as the people of Scotland were given a chance to vote in a referendum which would have seen Scotland break away from the rest of the United Kingdom and become an independent country. Scotland and England have been united under a single government… Continue Reading
By on Posted in AdministrationBernard Madoff and his company Bernard L Madoff Investment Securities LLC (BLMIS) operated what seems likely to be the largest Ponzi scheme in history. BLMIS accepted sums estimated between US$17 billion and US$50 billion and Fairfield Sentry Ltd was one of the largest feeder funds which placed about 95% of its assets (US$7.2 billion) in… Continue Reading
By on Posted in AdministrationFrom Chadbourne’s London office — The recent decision by the Court of Appeal in Game Group (Pillar Denton Limited and Ors v Jervis & Ors) has delighted landlords and insolvency practioners alike by closing a controversial legal loop hole. Prior to the decision, the law had been left in “a very unsatisfactory state” with respect… Continue Reading
