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Lessons for lenders when taking security: Re UKCloud Ltd (in liquidation)
In a recent judgment1, the High Court determined (contrary to the arguments of the affected secured creditor) that a debenture created a...
Gareth Grand's Passles
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State of local government finances poses challenges for businesses
At the end of November Nottingham City Council issued a ‘section 114 report’ pursuant to the Local Government Finance Act 1988, declaring...
High Court provides welcome guidance in approving moratorium for independent school
Introduction
Independent schools have not been immune from financial stress in recent years. Prior to the pandemic a combination of...
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