Change of Carriage

Chu v Lau - Just & Equitable Winding Up

Although a decision of the Privy Council on appeal from the Eastern Caribbean Court of Appeal, Chu v Lau [2020] UKPC 24 has general implications for the law on winding up a company on the just and equitable ground.

HH Aluminium & Building Products Ltd & Anor v Bell & Anor

HH Aluminium & Building Products Ltd & Anor v Bell & Anor (Joint Trustees In Bankruptcy of Ide) [2020] EWCA Civ 1469

A decision on the vesting or not of a sole trader business in the bankruptcy estate

The bankrupt was in business at the time of bankruptcy as a sole trader cleaning business with 10 employees. With sanction, the trustee in bankruptcy continued to trade the business with the bankrupt as his appointee. The stated purpose was to ascertain whether the trading income could generate sufficient funds over a number of years to pay bankruptcy debts and expenses. Prior to his discharge, the bankrupt had not appeared to have been receptive to the idea of an IVA