Insolvency work includes advising on and appearing in court in connection with all aspects of individual bankruptcies, company liquidations, administrations, receiverships, no asset procedures, and schemes of arrangement. Our barristers have dealt with proposals to creditors, directors’ disqualification proceedings, corporate rescue matters and have acted for banks, lending institutions, accountants, companies, statutory managers and individuals (as creditors or debtors). Insolvency law may at times involve aspects of some or all of the following: securities law; directors’ duties; tax; unlawful trading and voidable transactions.
Bankside Singapore is proud to be a bronze sponsor of 2023 Hong Kong Arbitration Week, taking place this week 16th–20th October, and the first New Zealand barristers’ chambers to host a session during Hong Kong Arbitration Week.
Bankside Chambers is very pleased to advise that Michael Morrison has joined its set.
Hon Paul Heath QC and Dr Anna Kirk have recently returned to New Zealand after speaking at INSOL’s Alternative Dispute Resolution (ADR) Colloquium in London on the use of arbitration in insolvency disputes. INSOL International is a world-wide federation of national associations of accountants and lawyers who specialise in turnaround and insolvency.
In January 2022, an appeal in the case of Stanford International Bank v HSBC Bank was argued before the Supreme Court. The assumed facts (the proceedings involved a strike out) were that the claimant, now in liquidation, had not been a bona fide bank. Rather, it was nothing more than a vehicle for a Ponzi scheme. Some of the funds raised under the scheme had been held in an account with HSBC.