Re Anglo American Insurance Ltd
| Jurisdiction | England & Wales |
| Date | 2001 |
| Year | 2001 |
| Court | Chancery Division (Companies Court) |
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26 cases
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The Companies Law (2013 Revision) the Sphinx Group of Companies in Official Liquidation)
...that it will implement a compromise or arrangement that is inconsistent with the statutory regime, cited the case of Anglo-American Insurance Co. (2001) 1 BCLC 755. 25 In that case the English Court was asked to Find jurisdiction to approve a scheme which, in the event of a subsequent liqui......
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Lehman Brothers International (Europe) ((in Administration))
...prevailing inclination of judges to recognise the dangers of giving a veto to a minority group by (in Lord Neuberger's words in Re Anglo American Insurance Co Ltd [2001] 1 BCLC 755 at 764) being “too picky about different classes” and ending up “with virtually as many classes as there are ......
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Re T & N Ltd and Others (No 3)
...differences make it impossible for the different groups to consult together with a view to their common interest: see In re Anglo American Insurance Ltd [2001] 1 BCLC 755, In re Hawk Insurance Co Ltd, and In re Telewest Communications Plc [2005] 1 BCLC 87 In considering the rights of credit......
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Re Cape Plc
...percentage applicable to claims in the light of current and forecasted financial circumstances: see, for example, In re Anglo American Insurance Ltd [2001] 1 BCLC 755. While the express terms of the scheme are not varied, its commercial effect on creditors is capable of significant later va......
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1 firm's commentaries
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More Schemes For SPhinX
...expressly stated that any creditor or member can bring the application with the support of the company. 3 Anglo-American Insurance Co [2001] 1 BCLC 755, BCCI SA (No. 3) [1993] BCLC 1490 and Kempe v Ambassador Insurance Co. (in liquidation) [1998] 1 BCLC 234 4 Re Trix [1970] 1 WLR 1421 5 Sta......
1 books & journal articles
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Schemes of Arrangement and Asbestos Litigation: In Re Cape plc
... ... 12 A class ac tion had be en brought succes sfully against an American subsidiaryof Cape in T exas by asbestos vict ims who wer e formerl y employed by that subsi diary ... In theirassessments of previ ous schemessanctioned in In re Hawk Insurance Co Lt d and Inre Brit ish A viation Insurance Co Ltd , the judges in those cases sought to ... ...