International Corporate Rescue
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Vol 17 (2020) - Issue 1
Article preview
Derivative Claims and Insolvent Companies: Getting to the Core of the Issue
Paul Wright, Barrister, 9 Stone Buildings, London, UKSynopsis
This article considers whether derivative actions can be brought on behalf of a companies once they have entered into liquidation or some other insolvency process in light of recent decisions of the High Court (in particular, in Montgold Capital LLP v Ilska [2018] EWHC 2982 (Ch) and Core VCT Plc (in Liquidation), Re [2019] EWHC 540 (Ch)).
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