*/
Insolvency – Bankruptcy – Balancing of accounts in bankruptcy. Sheriff Court: In a commercial action in which the pursuer sued for payment of three liquid sums the defender had agreed to pay in settlement of three payment protection insurance (PPI) claims by the pursuer against it, and which the defender now refused to pay, arguing it was entitled to withhold payment of the liquid sums and to set them off against greater alleged indebtedness said to be due by the pursuer to it under loan contracts entered into many years earlier—in the period between the dates of the loan contracts and related PPI sales (in 1997 and 2003) and the dates of the PPI agreements (in 2014) the pursuer having become insolvent and granted a trust deed in favour of her creditors, the defender having submitted claims in the trust deed for payment of roughly the same aggregate indebtedness now founded upon by way of set‑off, the pursuer's trustee having adjudicated on those claims, the defender having received payment of dividends on the claims and, in 2012, the pursuer having been discharged from the trust deed—the court held that the defender was entitled to plead set-off by application of the principle of balancing of accounts in bankruptcy.
Insolvency – Bankruptcy – Balancing of accounts in bankruptcy. Sheriff Court: In a commercial action in which the pursuer sued for payment of three liquid sums the defender had agreed to pay in settlement of three payment protection insurance (PPI) claims by the pursuer against it, and which the defender now refused to pay, arguing it was entitled to withhold payment of the liquid sums and to set them off against greater alleged indebtedness said to be due by the pursuer to it under loan contracts entered into many years earlier—in the period between the dates of the loan contracts and related PPI sales (in 1997 and 2003) and the dates of the PPI agreements (in 2014) the pursuer having become insolvent and granted a trust deed in favour of her creditors, the defender having submitted claims in the trust deed for payment of roughly the same aggregate indebtedness now founded upon by way of set‑off, the pursuer's trustee having adjudicated on those claims, the defender having received payment of dividends on the claims and, in 2012, the pursuer having been discharged from the trust deed—the court held that the defender was entitled to plead set-off by application of the principle of balancing of accounts in bankruptcy.
It’s been a particularly hectic period in both the political sphere and our working lives
Casey Randall explores the benefits of prenatal paternity testing and explains how the test is performed
Philip N Bristow explains how to unlock your aged debt to fund your tax in one easy step
Kate West discusses how best to interpret a drug test report, and the common misconceptions about what can be learnt from a drug test
Ashley Hodgkinson looks at drug testing methods and some of the most common ways people try to cheat a drug test
Clerksroom Chambers has recruited Matthew Wildish from 3 Paper Buildings (3PB) to a newly created position of Director of Clerking. Matthew joined the team at Clerksroom on 1 June
How did the international DJ and BBC Radio 1Xtra presenter find his transition to the Criminal Bar? Mark Robinsons secrets of a successful career change and his perception-breaking projects
Barrister, historian, legal biographer it was pure serendipity that the whirlwind silk went into the law and found his niche as a bestselling author, finds David Rhodes
Surely diversity of thought at the Bar is a good thing? Why are chambers shoehorning all applicants for pupillage into the same mould? Roxy Lackschewitz-Martin looks at the diagnostic gap and neurodiversity in pupillage applications
Its been a particularly hectic period in both the political sphere and our working lives
On the hunt for the perfect beach book/listen? Circuit Leaders, Michelle Heeley QC, Richard Wright QC, Kate Brunner QC, Lisa Roberts QC and Christine Agnew QC share their recommendations
