On 22 May 2013, the Court of Appeal of England and Wales delivered the reasoned judgment for allowing the appeal from the decision of the High Court of 12 April 2013 which we referred to in an e-alert dated 2 May 2013. The judgment provides a welcome confirmation of the importance of co-operation, reducing complexity and cost and acting in the best interest of creditors in insolvency matters.
To read our judgment summary on this case, please click here.
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