Image by skeeze Dr. Eugenio Vaccari, Lecturer in Law, University of Essex England is no stranger to strategic or – at times – abusive use of insolvency provisions. In the early 2000s, a mechanism frequently used by debtors to retain the control of distressed companies at the expense of their creditors was pre-packaged administration. Following … Continue reading The Persistent and Pernicious Abuse of Insolvency Law: What’s Next after Virgin Atlantic?
Insolvency
The Crown Preference is Law (Again): Spinning the Clock Back to Early-2000s?
Image by Steve Buissinne Dr. Eugenio Vaccari, Lecturer in Law, University of Essex The Pari Passu Principle In corporate insolvency procedures, not all creditors are alike. This is despite the pari passu principle. The pari passu principle is often said to be a fundamental rule of any corporate insolvency law system. It holds that, when … Continue reading The Crown Preference is Law (Again): Spinning the Clock Back to Early-2000s?
Pre-Pack Pool, Quo Vadis?
Image by Vinson Tan Dr. Eugenio Vaccari, Lecturer in Law, University of Essex Failure is a fact of life in any sphere of human activity.[1] Each individual can share stories of their personal failures in life. Some of these failures make us stronger, more successful and resilient in the long run. Beside events that only … Continue reading Pre-Pack Pool, Quo Vadis?
The New Corporate Insolvency and Governance Act 2020 – An Extraordinary Act for Extraordinary Times? A Quick Look at the Act’s Time-Restricted Measures
Image by Elliot Alderson Dr. Eugenio Vaccari, Lecturer in Law, University of Essex I. The Corporate Insolvency and Governance Act 2020 On 25 June 2020, the Corporate Insolvency and Governance Act 2020 (‘the Act’) completed its progress in the Parliament and received Royal Assent. The Act has unanimously been hailed by the insolvency community as … Continue reading The New Corporate Insolvency and Governance Act 2020 – An Extraordinary Act for Extraordinary Times? A Quick Look at the Act’s Time-Restricted Measures
The New Corporate Insolvency and Governance Act 2020 – An Extraordinary Act for Extraordinary Times? A Quick Look at the Act’s Long-Term Statutory Reforms
Image by Markus Winkler Dr. Eugenio Vaccari, Lecturer in Law, University of Essex I. The Corporate Insolvency and Governance Act 2020 On 25 June 2020, the Corporate Insolvency and Governance Act 2020 (‘the Act’) completed its progress in the Parliament and received Royal Assent. The Act has unanimously been hailed by the insolvency community as … Continue reading The New Corporate Insolvency and Governance Act 2020 – An Extraordinary Act for Extraordinary Times? A Quick Look at the Act’s Long-Term Statutory Reforms
Is (More) Fairness Needed in the English Insolvency Framework?
Image by Sasin Tipchai Dr. Eugenio Vaccari, Lecturer in Law, University of Essex recently published an article in the Journal of International Banking Law and Regulation (Volume 35, Issue 4, pp. 135-147). The publication, titled ‘Broken companies or broken system? Charting the English insolvency valuation framework in search for fairness’, adopts a normative approach to … Continue reading Is (More) Fairness Needed in the English Insolvency Framework?
Executory Contracts in Insolvency Law
Dr Eugenio Vaccari, lecturer at the University of Essex, School of Law, has recently co-edited a book with Professor Jason Chuah, Head of Department at the City Law School at City, University of London. The book, Executory Contracts in Insolvency Law: A Global Guide is published by Edward Elgar. Executory Contracts in Insolvency Law is … Continue reading Executory Contracts in Insolvency Law
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