| 000 | 01547cad a22002415a 4500 | ||
|---|---|---|---|
| 001 | L151315 | ||
| 008 | 101019s2010 xxk 000 0 eng d | ||
| 035 | _a(Sirsi) u151315 | ||
| 041 | 0 | _aeng | |
| 100 | 1 | _aNorris, Daniel | |
| 245 | 0 | 0 |
_aCVAs and guarantee stripping _b"Son of Powerhouse" defeated |
| 260 | _c2010 | ||
| 490 | 0 |
_aHogan Lovells Real Estate Quarterly _vAutumn 2010, 2-3(2) |
|
| 520 | _aMourant & Co Trustees Limited v Sixty UK Limited (see L151150) saw the revocation of the defendant's company voluntary arrangement (CVA) and pointed to the end of so-called guarantee stripping. Considers the nature of CVAs, their popularity and recent use and their relationship to guarantee stripping. Examines the Mourant decision which has been nicknamed "Son of Powerhous" in detail. Considers in the light of Mourant the government's consultation on a proposed business restructuring moratorium and concludes that it is unlikely to get on to the statute books, leaving CVAs more popular than other insolvency processes. | ||
| 590 | _aKA | ||
| 650 | 2 | 4 | _aMOURANT & CO LTD V SIXTY UK LTD (IN ADMINISTRATION) |
| 650 | 2 | 4 | _aPRUDENTIAL ASSURANCE CO LTD AND OTHERS V PRG POWERHOUSE LTD AND OTHERS |
| 651 | 4 |
_aEngland and Wales _y1543- |
|
| 690 | _aPROPERTY-COMMERCIAL PROPERTY-LEASEHOLD COMMERCIAL PROPERTY-COMMERCIAL LANDLORD AND TENANT | ||
| 700 | 1 | _aDitchburn, Mathew | |
| 856 | 4 | 0 |
_uhttps://links.cecollect.com/610/9201/CVAs%20and%20guarantee%20stripping1.pdf _zView the article free of charge at Hogan Lovells website |
| 942 | _n0 | ||
| 999 |
_c82764 _d82764 |
||