Case updates

Exertis administrators expect unsecured creditor payout as £41.5m Aurelius claim faces review

Administrators have recovered £17 million to date while reviewing Aurelius Finance’s asserted £41.5 million secured claim

Allied paid £4.5 million for Jhoots Pharmacy business as creditors and employees face shortfalls

New administrators’ report provides fresh detail on transaction first reported last November and confirms that key stakeholders are expected to face shortfalls

High Court finds fraudulent trading in Genesis collapse

Four defendants liable after haulage company diverted payments and transferred assets following freezing order

Court approves £1.6 million Float Capital liquidator fee estimates

High Court clarifies route for increasing liquidation remuneration where creditor approval is blocked by conflict

Court of Appeal revives challenge to loan-to-own administration appointment

High Court draws a line around landlord plans

TG Jones secures sanction after revising rent concessions, profit sharing and shareholder-related payments.

Supreme Court allows bankruptcy petitions based on unrecognised foreign judgments

Court revives Russian judgment-based bankruptcy petition

Nvayo founder wins right to challenge £1.9 million administration bill

Judge allows challenge to fees charged against safeguarded customer funds

Breathing space moratorium does not block LPA receivers’ sale

Moratorium does not extend to secured company liabilities, High Court finds

Henry Construction claims head toward single trial as administration extended

Administrators FRP press ahead with £30 million family and related-party claims

IBP Markets investor loses bid for expert evidence in £21.2 million client money dispute

High Court says expert testimony is not yet justified in a test case that could reduce recoveries for undisputed clients from 56% to 38%

Canadian arm of alleged £250 million 79th Group Ponzi scheme faces expanded receiver probe

TDB Restructuring seeks examination and document-production powers after tracing C$17 million in transfers and alleging a lack of cooperation from directors and members of the Webster family