Author Archives: zafarrafiq

The perpetual struggle to ensure customers pay their invoices on time is disproportionately debilitating for small and medium-sized enterprises (“SMEs”), especially in adverse economic conditions when budgets are squeezed and access to finance is limited. However you  can employ a … Continue reading →

Delaney -v- Chen [2010] EWHC 6 (Ch) An appeal was made by Delaney following the Court’s decision that the sale and leaseback of a property he had purchased from the sellers at a price substantially lower than the unencumbered freehold … Continue reading →

Re Cornercare Ltd [2010] The directors of C applied to court seeking permission to appoint an administrator out of court in circumstances where they had previously filed a notice of intention to appoint but the appointment had not been made … Continue reading →

B S Sandhu t/a Isher Fashions UK  v Jet Star Retail Ltd t/a Mark One) & Others [2010] I supplied clothing to J under I’s standard terms and conditions which included an “all monies” ROT clause. The contract also gave … Continue reading →

Agilo Ltd v William Henry [2010] H was a director of L. AMF provided L with a loan facility through its agent, AUK. H gave a personal guarantee for the liabilities of L to AMF. AMF and AUK were all … Continue reading →

Much publicity has recently been given to the High Court case of R (on the application of Mercury Tax Group Ltd and another) v HMRC & Others [2008] EWHC 2721 (“Mercury”). The decision in this case led to a period of … Continue reading →

Pre-pack administrations may offer the best outcome for unsecured creditors Question I am a trade creditor of a company with several retail outlets (Old Co) that went into administration two weeks ago. The administrator has informed me that Old Co’s … Continue reading →