Tag Archives: Companies Act

Serving notice to appoint an administrator to a qualifying floating charge holder outside the jurisdiction: the tension in the Insolvency Rules and the CPR (UK)

By Monika Lorenzo-Perez and Raphaelle Driver on Posted in UK
The court’s finding in Vybra Solutions Ltd, Re [2026] EWHC 1125 (CH) (“Re Vybra”) highlights a conflict between the Insolvency Rules 2016 (the “Rules”) and the CPR. The decision that permission to serve outside the jurisdiction was not needed does not sit comfortably with the Rules. In the case, the Court also gave permission to … Continue Reading

UK court confirms that the lonely soliloquies of one cannot be a meeting when considering Argo Blockchain’s Restructuring Plan (UK)

By Rebecca Terrace on Posted in UK
Following our previous blog Revolution Bars: When is a meeting really a meeting?” Mr Justice Hildyard has, in Re Argo Blockchain Plc[1], affirmed the position that a creditor can only approve a restructuring plan (“RP”) if at least 75% in value of a class of creditors, present and voting either in person or by proxy … Continue Reading
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