Thursday 28 July 2011

UK: the anti-deprivation rule in insolvency law

The Supreme Court gave judgment yesterday in Belmont Park Investments PTY Ltd v BNY Corporate Trustee Services Ltd. [2011] UKSC 38. This is an important decision concerning the scope of the anti-deprivation rule in insolvency law, a summary of which is available here (pdf).

Update (29 July 2011): the ICLR has provided a summary of the case here.

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