Two new blogs have caught my eye. The Edinburgh Centre for Commercial Law Blog has several objectives one of which is to provide members of the Centre with the opportunity to comment on recent cases, developments and research related ideas in Scots commercial law. A couple of recent posts are of particular interest. In the first, Gillian Black describes a recent talk at the Centre concerning derivative actions/claims (known as derivative proceedings in Scotland) under the Companies Act (2006). Her post notes - very usefully - that Lord Glennie's decision in Wishart, Re An Order Under S.266 Of The Companies Act 2006 [2009] CSOH20 is to be the subject of an appeal before the Inner House next month. In the second post, Scott Wortley highlights a Scottish quirk concerning the meaning of "prior floating charge holder" in the context of administration.The second blog - Bankruptcy, Insolvency and Corporate Rescue - has been created by John Tribe, the KPMG lecturer in restructuring at Kingston Law School. John comments on recent developments but a particular strength of his blog is the wealth of historical material and insights he provides. Issues concerning the duties of directors often arise in the context of insolvency, as a recent post on John's blog concerning fraudulent trading demonstrates.
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