Barings Plc, Re (No 5)

JurisdictionEngland & Wales
CourtChancery Division
Year1999
Date1999

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122 cases
  • Mark Simon Reynolds (as Liquidator of CSB 123 Ltd) v Caroline Stanbury
    • United Kingdom
    • Chancery Division
    • 23 Septiembre 2021
    ...to supervise the delegate. I have in mind in particular the analysis of Jonathan Parker J in re Barings plc and Others (No 5) [1999] 1 BCLC 433 at 486 to 489, basing himself on the decision of the Courts of Appeal in re Westmid Packing Services Ltd [1998] 2 BCLC 646, and on an earlier judge......
  • Peter Dooley v Anthony Carmelos Norris
    • United Kingdom
    • Chancery Division
    • 31 Marzo 2021
    ... ... (see generally Re Saul D Harrison & Sons plc [1995] 1 BCLC 14 and O'Neill v Phillips [1999] 1 WLR 1092, HL ) ... 56 The bench mark for liability (unfairness and prejudice) is a ... ...
  • Re Vehicle Imports Ltd ((in Liquidation))
    • Ireland
    • High Court
    • 23 Noviembre 2000
    ...S27 COMPANIES ACT 1990 S150 COMPANIES ACT 1990 S152 BARINGS PLC (NO 6), IN RE; SECRETARY OF STATE FOR TRADE & INDUSTRY V BAKER (NO 6) 1999 1 BCLC 433 HUNTING LODGES LTD, IN RE 1985 ILRM 75 Mr. Justice Roderick H. Murphy ISSUES 1 The issues which arise in this case are the following: 2 1. W......
  • Richard Ciliang Yan v Mainzeal Property and Construction Ltd (in Liquidation)
    • New Zealand
    • Supreme Court
    • 25 Agosto 2023
    ...[2011] 2 SCR 175 at [55]–[57]. 139 Daniels v Anderson (1995) 16 ACSR 607 (NSWCA) at 668 cited with approval in Re Barrings plc (No 5) [1999] 1 BCLC 433 (Ch) at 488. See also Kee v Public Prosecutor [2003] 1 LRC 658 (High Court of 140 See above at [182]. 141 Debut Homes, above n 51, at [70]–......
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4 firm's commentaries
  • Directors' Duties Under Cayman Islands Law
    • British Virgin Islands
    • Mondaq Virgin Islands
    • 24 Julio 2015
    ...enable them to properly discharge their duties as directors (Re Barings PLC, Secretary of State for Trade and Industry v Baker (No 5) [1999] 1 BCLC 433, 439 and confirmed in the Grand Court of the Cayman Islands first instance judgment in Weavering Macro Fixed Income Fund Limited (in liquid......
  • Olympus Brings The Cayman Islands Into Global Focus Once Again - Time To Reflect On Weavering!
    • Cayman Islands
    • Mondaq Cayman Islands
    • 7 Diciembre 2011
    ...also filed an appeal. Footnotes Tax-News – Global Tax News 14th November 2011 Telegraph 15th November 2011 Bloomberg 9th November 2011 1999, 1 BCLC 433 at p. 2 BCLC 646 at p. 653b-c Re Barings Plc, Secretary of State v Baker [1998] BCC 583 at p 586 The content of this article is intended to......
  • Company Financial Statements Can Be Hazardous For Directors
    • Malaysia
    • Mondaq Malaysia
    • 2 Marzo 2016
    ...Journal of Corporate Law 196 5 Re Barings plc and others (No 5), Secretary of State for Trade and Industry v Baker and others (No 5) [1999] 1 BCLC 433 at 6 AWA Ltd v Daniels trading as Deloitte Haskins & Sells and Ors (1992) 7 ACSR 759 ("AWA v Daniels"), per Roger CJ at 865 7 Daniels an......
  • Company Directors: Duties And Liability In Cayman Islands Law
    • Cayman Islands
    • Mondaq Cayman Islands
    • 26 Octubre 2012
    ...to the director's duty to supervise delegated functions: Re Barings PLC, Secretary of States for Trade and Industry v. Baker(No.5) [1999] 1 BCLC 433 which provided i) ''Directors have, both collectively and individually, a continuing duty to acquire and maintain a sufficient knowledge and u......
19 books & journal articles
  • Chapter 7. The Reform of Directors’ Duties
    • United Kingdom
    • Taylor and Francis The Reform of United Kingdom Company Law Part 3. Corporate Governance and Accountability
    • Invalid date
    ...the cases cited in n 43, below. 42 See Insolvency Act 1986, s 214. 43 See: Re Landhurst Leasing plc [1999] 1 BCLC 286; Re Barings plc (No 5) [1999] 1 BCLC 433 at pp 486–89 per Jonathan Parker J, affirmed at [2000] 1 BCLC 44 These are referred to in Completing the Structure, above n 7, at pa......
  • Chapter 2: The United Kingdom
    • United Kingdom
    • Taylor and Francis Disqualification of Company Directors
    • Invalid date
    ...2015 s 110. 192 SBEEA 2015 s 107. 193 R v Young [1990] BCC 549. 194 Ibid. 553. 195 CDDA 1986 s 6. 196 [1987] BCLC 601. 197 Ibid. 198 [1999] 1 BCLC 433 (Ch). 199 Ibid. 200 [2001] BCC 273. 201 CDDA 1986 s 2. 202 [1984] Crim LR 302. of directors are in ss 104–11 of the Act. 185 Department for ......
  • Chapter 1: Sharpening bankers' personal accountability
    • United Kingdom
    • Taylor and Francis Rethinking Corporate Governance in Financial Institutions
    • Invalid date
    ...[1992] BCLC 1047. 66 [1993] BCLC 654 (ChD). 67 [1995] 2 BCLC 63 (ChD). 68 [1994] 1 BCLC 716 (ChD). 69 [1993] BCLC 654 (ChD), p. 660. 70 [1999] 1 BCLC 433. Ibid., p. 526. 72 Ibid. 73 Ibid. 74 Ibid. 75 Ibid., p. 528. 76 D. Arsalidou, ‘The banking crisis: rethinking and refining the accountabi......
  • Chapter 9. The Disqualification of Company Directors in the Management of Insolvent Companies
    • United Kingdom
    • Taylor and Francis The Reform of United Kingdom Company Law Part 3. Corporate Governance and Accountability
    • Invalid date
    ...1 BCLC 574. See further Griffin ‘The Burden of Proof in Disqualification Proceedings’ (1997) 18 Company Lawyer 24. 20 See Re Barings plc (No 5) [1999] BCLC 433. 21 The Human Rights Act 1998 gives effect to the rights and freedoms guaranteed under the European Convention of Human Rights Acco......
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