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International Corporate Rescue

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  •         Issue 1
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Vol 20 (2023) - Issue 3

Article preview

Despins v Ho Wan Kwok [2023] EWHC 74 (Ch)

Miryam Farrelly, Senior Associate, and Darrin Carey, Trainee Solicitor, Freshfields Bruckhaus Deringer LLP, London, UK

Synopsis
The recent judgment in Despins v Ho Wan Kwok [2023] EWHC 74 (Ch) concerns an application for recognition and relief under the Cross-Border Insolvency Regulations 2006 ('CBIR'). The judgment provides a useful examination of the principles applicable to a trustee in bankruptcy's rights to use and access a bankrupt's privileged material under the Insolvency Act 1986 ('IA 1986'). Building on the position established by the Court of Appeal in Shlosberg v Avonwick Holdings [2016] EWCA Civ 1138, the case focuses on a trustee's right to access documents protected by joint privilege.
It concludes that a third party holding a joint privilege with a bankrupt cannot resist disclosure to a trustee in bankruptcy.

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International Corporate Rescue

"International Corporate Rescue is a brilliant resource. The articles are always informative and interesting. It helps to keep me up to date with developments in insolvency and restructuring, both in England and many other jurisdictions."

Charlotte Cooke, Barrister, South Square

 

 

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