liquidation stock

842 results for liquidation stock

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  • The Channel Islands Stock Exchange Lbg (in Guernsey Members’ Voluntary Liquidation)
  • Breese (Liquidator of Flexi Containers Ltd) v Hiley & Ors, Court of Appeal - Chancery Division, January 09, 2018, [2018] EWHC 12 (Ch)

    Introduction1. I have before me an application issued on 11 April 2016 by the Applicant, Ms Breese (the ``Liquidator''), the liquidator of Flexi Containers Limited (the ``Company''). The main issues before me are whether a transaction amounted to a preference and/or a transaction at an undervalue such that relief ought to be granted under ss238, 2...

    ... The transaction involved the transfer of (primarily) trading stock from the Company to the 1st Respondent, Alison Hiley (``Mrs Hiley''), with the purchase price, of ... a floating charge; (b) the charge was granted within 2 years of the commencement of the liquidation to a connected person, Mrs Hiley, the then sole de jure director; (c) the sums secured by the ...

  • Northampton Borough Council v Cardoza & Ors, Court of Appeal - Chancery Division, March 15, 2017, [2017] EWHC 504 (Ch)

    1. The first and second defendants, Mr Anthony Cardoza and Mr David Cardoza (to whom, without disrespect, I shall refer as ``Anthony'' and ``David''), are former directors of Northampton Town Football Club Limited (``the Club''). These proceedings are brought by the claimant, Northampton Borough Council (``the Council''), as assignee of the Club. T...

    ... of West Mercia Safetywear Limited (``West Mercia'') had shortly before it went into liquidation procured the payment by the company of £4,000 into an overdrawn bank account of its parent ... caused GHLM, which had never gone into liquidation, to enter into a contract for the sale of stock to another company of which they were directors and which one of them owned, Brocade International ...

  • Maximov v Open Joint Stock Company 'Novolipetsky Metallurgichesky Kombinat', Court of Appeal - Commercial Court, July 27, 2017, [2017] EWHC 1911 (Comm)

    1. This has been an application to enforce an award of the International Commercial Arbitration Court of the Chamber of Commerce and Industry of the Russian Federation (`ICAC') made by three distinguished Russian arbitrators, IS Zykin as Chairman, VS Belykh and KI Devyatkin (by a majority, but the dissent was in a minor, and in the event immaterial...

    ...) to receive a part profit of the joint-stock company in the form of dividends, to participate in the management of the joint-stock company and to a part of property remaining after its liquidation. A share is a registered security .. The dispute related to the transfer of the title fall into the category of corporate disputes. ....... Whereupon, the arbitral award on the claim ...

  • Vestergaard Frandsen A/S (now Called MVF 3Aps) v Bestnet Europe Ltd & Ors, Court of Appeal - Chancery Division, October 03, 2014, [2014] EWHC 3159 (Ch)

    1. In April 2009 Arnold J (`the Judge') handed down judgment in which he held that the Defendants had misused the Claimants' confidential information: [2009] EWHC 657 (Ch) (`the Liability Judgment'). That followed a 16 day trial earlier in 2009 (`the Liability Trial'). He subsequently ordered that there be an inquiry as to the compensation to wh...

    ...Its activities, if any, were very short-lived and it is now in liquidation. The Third Defendant, 3T Europe Ltd is the corporate vehicle through which Mr Larsen and Mrs Sig ...Often nets that had been produced to an earlier recipe and kept in stock were later sold, even if production had by that time moved on to using a different recipe. It was ...

  • Singularis Holdings Ltd v Daiwa Capital Markets Europe Ltd, Court of Appeal - Chancery Division, February 16, 2017, [2017] WLR(D) 109,[2017] EWHC 257 (Ch)

    1. The Claimant (`Singularis') brings this claim to recover about $204 million that in early June 2009 was held for its benefit in a segregated client account by the Defendant stock broker (`Daiwa'). At that time, Singularis was wholly owned by Maan Al Sanea, a wealthy businessman who also owned a substantial business group called the Saad Group b...

    ... in early June 2009 was held for its benefit in a segregated client account by the Defendant stock broker (`Daiwa'). At that time, Singularis was wholly owned by Maan Al Sanea, a wealthy ...funds from liquidation of positions). Clearly any payment requests we receive must be properly authorised and be ...

  • Palmer & Harvey McLane Ltd v Garrad & Anor, Court of Appeal - Chancery Division, December 04, 2013, [2013] EWHC 3810 (Ch)

    1. The claimant, Palmer & Harvey McLane Limited (``P&H''), supplies confectionery to retailers. It claims to be the UK's leading delivered wholesaler of tobacco, confectionery, soft drinks, crisps and snacks, chilled and frozen foods and convenience products. It distributes these products both to smaller independent retailers (i.e. independently-

    ... the manufacturers or suppliers, to bear the risk attendant on the possibility that those stocks might not sell. In some cases, by contrast, for example seasonal items where there is a finite ... It went into administration in May 2011 and into voluntary liquidation in October 2012. . 7. I can conveniently say something more about P&H at this point. In late 2006 ...

  • Cool Seas (Seafoods) Ltd v Interfish Ltd & Ors, Court of Appeal - Chancery Division, July 31, 2018, [2018] EWHC 2038 (Ch)

    1. Northbay Pelagic Ltd (``Northbay'') is a pelagic fish producer located at a large factory site in Peterhead on the coast of Aberdeenshire, Scotland. Pelagic fish are fish which swim in the water column of the ocean (as opposed to living on the seafloor). Northbay's core business is purchasing pelagic fish sourced in the North East Atlantic from

    ...Since 1970, fish quotas have been in place by the EU to ease the pressure on fish stocks and prevent unsustainable exploitation. UK boats are allocated a fishing quota limiting the number ... However Fresh Catch was wound up in an insolvent liquidation in October 2017 following a winding up petition presented by HMRC. . (d) Northbay's business ...

  • A Grainy Complexity

    ... 2007 and 2008? It was not simply down to unregulated market forces at work, allowing grain stocks to fall which then led to massive price hikes. It was rather more complex. We outline the ...This low price discouraged grain production. When the stock liquidation ended, the availability of grains fell as farming had adjusted its production to meet demand (less ...

  • Stock (224) Limited

    Rule 4.80 of the Insolvency (Scotland) Rules 1986. Notice to the Creditors of an insolvent company of the re-use of a prohibited name. in liquidation. Registered Number SC298567. COMPANY IN INSOLVENT LIQUIDATION. On 7 January 2010, the above-named company went into insolvent liquidation. I, Derek Porter of Mayfield, Tandlehill Road, Renfrewshire, ...

  • ABM Amro Commercial Finance Plc v McGinn & Ors, Court of Appeal - Commercial Court, May 23, 2014, [2014] EWHC 1674 (Comm)

    1. The claimant is a factor which purchased the debts of its client Jenks Sales Brokers Limited (referred to hereafter as ``the company'') pursuant to an Agreement dated 30 June 2003. The defendants were the directors of the company. Each of them entered into a deed of indemnity with the claimant (dated 2 May 2007 in the case of the first and secon...

    ..., the company was placed in administration on 18 May 2009 and subsequently went into liquidation. The evidence of Mr Michael Stock, a portfolio manager at the claimant is that at the date of the ...

  • Plantation Holdings (FZ) LLC v Dubai Islamic Bank PJSC, Court of Appeal - Commercial Court, March 23, 2017, [2017] EWHC 520 (Comm)

    Introduction1. This is a claim by the Claimant, Plantation Holdings (FZ) LLC (`Plantation') for some US$2 billion. Plantation is a Dubai company which was incorporated in 2004 for the purpose of developing an upmarket and exclusive polo facility on the outskirts of Dubai which was to include villas, a hotel, rented flats and business units (`Planta...

    ...(g) If a Guarantor or any other Security Provider becomes insolvent or is in liquidation or administration or subject to any other insolvency procedure in any jurisdiction or a receiver, ...- Phase 2 nursery extension finished Sept 2006. - Purchasing of seed stock for Phase One 80% complete.''. The 2006 proposal prepared by Jasper Capital had previously stated ...

  • Instant Access Properties Ltd v Rosser & Ors, Court of Appeal - Chancery Division, April 13, 2018, [2018] EWHC 756 (Ch)

    1. Between 2003 and going into administration, and then liquidation, in 2008, Instant Access Properties Ltd (``IAP'') received substantial sums by way of commission in relation to sales of residential properties acquired by members of IAP, principally as investments. The commission in question was directly or indirectly received from the developers...

    ... Introduction. 1. Between 2003 and going into administration, and then liquidation, in 2008, Instant Access Properties Ltd (``IAP'') received substantial sums by way of commission in ... shareholders of IAP had invested almost £4 million to support the business by way of loan stock. 197. On 21 December 2008, IAP entered creditors' voluntary liquidation and Mr Murphy and Mr Toone ...

  • Accident Exchange Ltd v Broom & Ors, Court of Appeal - Administrative Court, May 24, 2017, [2017] EWHC 1096 (Admin)

    1. The Claimant, Accident Exchange Limited (``AE'') applies to commit the Defendants to prison on the grounds that each of them engaged in conduct which interfered with the due administration of justice and they were thereby in contempt of court. 2. AE was part of Accident Exchange Group plc. It was a specialist car hire and claims management co...

    ... It was subsequently put into a creditors' voluntary liquidation. AE became a creditor. In 2011 Mr Evans requested that AF's liquidators give AE access to AF's ... AE's parent company de-listed from the London stock exchange in February 2011. Mr Evans had held 45% equity in the parent company. . 26. In addition ...

  • Bull's-eye market: will large companies in the UK soon embrace the American fashion of issuing targeted stock? Samuel Idowu, Anthony Brabazon and Kojo Menyah explain what targeted stock is--and what it can offer as a financial management tool.

    ...They can decide to pay dividends to shareholders of one targeted stock and not to others. . * Liquidation. Because holders of stocks in a tracked unit do not own the underlying assets, in the event of liquidation they don't have a special right to those assets. Liquidation rights are often defined in the ...

  • Gallaher International Ltd v Tlais Enterprises Ltd (Rev 1), Court of Appeal - Commercial Court, April 18, 2008, [2008] EWHC 804 (Comm)

    1 In the first of these two actions Gallaher International Ltd claims that by a letter dated 4th March 2005 it lawfully terminated a distribution agreement between it and Tlais Enterprises Limited (``TEL'') whereby TEL was appointed as Gallaher's distributor in respect of certain specified brands of cigarettes. TEL disputes that the TEL Agreement

    ... (``sticks'') during 2002 to 2006 was at least in the region of the following figures (the stock in the third column being inclusive of the stock in the second):. 12 The number of cigarettes ... the same time can you let Jeff have a full stock reconciliation and your proposals for liquidation of your stocks, as he will need this information for HM Customs? If you could provide this ...

  • Gallaher International Ltd v Tlais Enterprises Ltd (Rev 1), Court of Appeal - Civil Division, April 18, 2008, [2008] EWHC 804 (Comm)

    1 In the first of these two actions Gallaher International Ltd claims that by a letter dated 4th March 2005 it lawfully terminated a distribution agreement between it and Tlais Enterprises Limited (``TEL'') whereby TEL was appointed as Gallaher's distributor in respect of certain specified brands of cigarettes. TEL disputes that the TEL Agreement

    ... (``sticks'') during 2002 to 2006 was at least in the region of the following figures (the stock in the third column being inclusive of the stock in the second):. 12 The number of cigarettes ... the same time can you let Jeff have a full stock reconciliation and your proposals for liquidation of your stocks, as he will need this information for HM Customs? If you could provide this ...

  • Lehman Brothers International (Europe) & Ors, Re, Court of Appeal - Chancery Division, March 14, 2014, [2014] WLR(D) 132,[2014] EWHC 704 (Ch)

    2. The circumstances are unexpected because when the Lehman Brothers group collapsed in September 2008, it was not anticipated that there would be any surplus of assets once the general body of unsecured creditors of any of the principal companies had been paid. The principal trading company within the group in the United Kingdom and Europe was Leh...

    ...``In a liquidation of a company and in an administration (where there is no question of trying to save the company or ...In this respect, they are importantly different from partnerships, unincorporated joint stock companies (usually formed by a deed of settlement), companies incorporated under the Joint Stock ...

  • Dalamd Ltd v Butterworth Spengler Commercial Ltd, Court of Appeal - Commercial Court, October 05, 2018, [2018] EWHC 2558 (Comm)

    1. The Claimant's claim is for insurance brokers' negligence. It arises out of a fire which occurred on 21 October 2012 at a waste recycling facility at 3 Johnsons Lane, Widnes, Cheshire (``the Premises''). The parties and the business 2. The Claimant (``Dalamd'') was incorporated in 2014. It claims as the assignee of the causes of action against...

    ... The relative merits of other forms of business interruption was discussed including Stock debris removal, Increased cost of Working and Additional Cost of Working. These limits can be set ... At that point Colin Douthwaite told him that Doumac would be entering into liquidation and that the recycling and waste business would be carried on from the Premises by a new company, ...

  • Olympic Airlines SA Pension & Life Insurance Scheme v Olympic Airlines SA, Court of Appeal - Civil Division, June 06, 2013, [2013] EWCA Civ 643

    1. This appeal is about the jurisdiction under EU law to commence a secondary winding-up in England of a company whose main liquidation is taking place in Greece. That jurisdiction, under the Insolvency Regulation (Council Regulation (EC) 1346/2000), depends on the existence of an ``establishment'' in England. Article 2(h) of the Regulation provide...

    ... under EU law to commence a secondary winding-up in England of a company whose main liquidation is taking place in Greece. That jurisdiction, under the Insolvency Regulation (Council Regulation ... in liquidation may continue to trade for a while, for instance as a means of liquidating its stock. And in any case, the question is not so much what the debtor company does in the period after the ...

  • Public Joint-Stock Company Commercial Bank 'Privatbank', Re, Court of Appeal - Chancery Division, November 13, 2015, [2015] EWHC 3299 (Ch)

    1. Public Joint-Stock Company Commercial Bank ``Privatbank'' (the Bank) applies for the sanction of the Court to a scheme of arrangement under section 899 of the Companies Act 2006 with creditors in respect of two series of subordinated loan notes, having an aggregate nominal value of US $220 million. 2. The Bank is incorporated under the laws of U...

    ... A temporary administration terminates only either on the sale of the bank or its assets and liabilities or its nationalisation, or on its liquidation. In the event of the liquidation of the Bank, the claims of creditors in respect of the 2016 Notes and the 2021 Notes would rank pari passu but on a heavily subordinated basis and it is unlikely ...

  • Agricultural Bulletin - A Briefing for Farmers and Land Agents - Autumn 2010

    ... 2007 and 2008? It was not simply down to unregulated market forces at work, allowing grain stocks to fall which then led to massive price hikes. It was rather more complex. We outline the ...This low price discouraged grain production. When the stock liquidation ended, the availability of grains fell as farming had adjusted its production to meet demand (less ...

  • Caliendo & Anor v Mishcon De Reya (a firm) & Anor, Court of Appeal - Chancery Division, February 04, 2016, [2016] EWHC 150 (Ch)

    1. This is a claim for professional negligence by Antonio Caliendo and Barnaby Holdings LLC (``Barnaby'') against the firm of solicitors Mishcon de Reya (which become a limited liability partnership during the relevant period, but for present purposes the distinction between the firm and the LLP can be ignored). Mr Caliendo and Barnaby claim not on...

    ...In 1996 Chris Wright, a music business executive, took over QPRH and floated it on the stock market. In April 2001 QPRH went into administration. A month later the club was relegated to ... a £19 million deal for Queens Park Rangers next week, saving the club from going into liquidation. Gianni Paladini, who will stay as chairman, said: `This saves the club from liquidation. Mr ...

  • Stocksbridge Limited

    ... showing the manner in which the winding up of the Company has been conducted and the property of the Company disposed of and to receive any explanation regarding the conduct of the liquidation. A member or creditor entitled to attend and vote at the above meetings may appoint a proxy to attend and vote in his place. It is not necessary for the proxy to be a member or creditor. Proxy forms ...

  • Vincent James Limited

    ...Company Number NI 045041. Name of Company VINCENT JAMES LIMITED. Nature of Business Stock taking services. Type of Liquidation Creditors. Address of Registered Office 27 College Gardens, ...