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International Corporate Rescue

Journal Issues

  • Vol 1 (2004)
  • Vol 2 (2005)
  • Vol 3 (2006)
  • Vol 4 (2007)
  • Vol 5 (2008)
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  • Vol 13 (2016)
  • Vol 14 (2017)
  • Vol 15 (2018)
  • Vol 16 (2019)
  •         Issue 1
  •         Issue 2
  •         Issue 3
  •         Issue 4
  •         Issue 5
  •         Issue 6
  • Vol 17 (2020)
  • Vol 18 (2021)
  • Vol 19 (2022)
  • Vol 20 (2023)

Vol 16 (2019) - Issue 1

Article preview

Administrators: Conflicts of Interest and Removal

Marcia Shekerdemian QC, Barrister, Wilberforce Chambers, and Joseph Curl, Barrister, 9 Stone Buildings, London, UK

Synopsis

There has been a flurry of decisions in 2018 in which allegations have been made of unacceptable conflicts of interest on the part of administrators. The key issue for practitioners is to distinguish between those actual or potential conflicts that will attract censure and those that can adequately be managed. Controversy surrounds, in particular, 'pre-pack' administrations, which are fertile ground for conflicts but are authorised by the legislature and the regulators. For the first time since the extensive reforms of the administration regime fifteen years ago, the courts have addressed these issues head-on in a series of important decisions. This article analyses the cases in turn to see what lessons can be learned by administrators and those who advise them.

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International Corporate Rescue

"International Corporate Rescue is great. In a busy world, it covers a truly global range of restructuring topics in just the right depth, enough for an understanding of the important points, but not a lengthy mini-PhD. I find it really helpful for keeping informed about the areas I work in, and to have ‘issue awareness’ about areas further afield. I always read it."

Richard Tett, Freshfields, London Head of Restructuring & Insolvency

 

 

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