Jon Chesman

Sep 16, 2024 | lexology.com | John Alderton |Russ Hill |Monika Lorenzo-Perez |Charlotte Møller |Devinder Singh |Jon Chesman | +10 more

Categorisation of a charge as fixed or floating will have a significant impact on how assets are dealt with on insolvency and creditor outcomes. Typical fixed charge assets include land, property, shares, plant and machinery, intellectual property such as copyrights, patents and trademarks and goodwill.

May 15, 2023 | squirepattonboggs.com | Rachael Markham |Jon Chesman

In this episode of our Restructuring and Insolvency podcast, Rachael Markham and Jon Chesman discuss how administrators should approach decision making in a way that will hopefully avoid later challenge, considering also when it is appropriate to ask the court for assistance and what is meant by the meaning of “thinks” and “considers” in the insolvency legislation. If you missed our first episode Administration Extensions and Secured Creditor Consent, you can listen to it here.

May 2, 2023 | lexblog.com | Rachael Markham |John Alderton |Jon Chesman

The NSIA is aimed at safeguarding national security and only applies to certain transactions occurring within certain sectors where national security might be threatened. There are 17 sectors in total, including energy, transport, and communications.  Depending on the transaction, the NSIA may require a purchaser to notify the Secretary of State of an acquisition to obtain clearance – this is mandatory if the transaction falls under the scope of the NSIA.

Mar 16, 2023 | natlawreview.com | Jon Chesman

Wednesday, March 15, 2023 Can a liquidator run an unjust enrichment claim to seek to recover PAYE and NIC liabilities from a company’s directors arising from the company’s use of a “disguised remuneration” employee benefit trust (“EBT”) scheme? Based on the findings of ICC Judge Barber in the case of Re Ethos Solutions Ltd, the answer is “no”.

Mar 15, 2023 | lexblog.com | Jon Chesman

Can a liquidator run an unjust enrichment claim to seek to recover PAYE and NIC liabilities from a company’s directors arising from the company’s use of a “disguised remuneration” employee benefit trust (“EBT”) scheme? Based on the findings of ICC Judge Barber in the case of Re Ethos Solutions Ltd, the answer is “no”.