Last month the Supreme Court gave judgment in In the matter of J.D. Brian Ltd (in Liquidation) t/a East Coast Print and Publicity [2015] IESC 62, an important decision on the operation of section 285 ("Preferential payments in a winding-up") of the Companies Act 1963 (now section 621 of the Companies Act 2014). The implications of the decision are to be considered by the Company Law Review Group and its 2014-16 work programme has been amended accordingly: see here or here (pdf).
Monday, 17 August 2015
Ireland: Company Law Review Group to consider implications of Supreme Court decision regarding creditor priority in insolvency
Last month the Supreme Court gave judgment in In the matter of J.D. Brian Ltd (in Liquidation) t/a East Coast Print and Publicity [2015] IESC 62, an important decision on the operation of section 285 ("Preferential payments in a winding-up") of the Companies Act 1963 (now section 621 of the Companies Act 2014). The implications of the decision are to be considered by the Company Law Review Group and its 2014-16 work programme has been amended accordingly: see here or here (pdf).
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