The 'big five' insolvency issues for 2013

Download: 2013 PUB BC The 'big five' insolvency issues for 2013.pdf

Several issues of far-reaching significance in the world of restructuring and insolvency will be decided by the courts, and by Parliament, this year.

Some have yet to surface but others are already in the pipeline.

We look at what we consider to be the "top five".

Litigation funding

The Supreme Court will be asked to determine the appropriate level of disclosure in cases involving litigation funders. Last year, the Court of Appeal held that key details of litigation funding agreements (LFAs) should be released to the other party, as well as to the court.¹ Chapman Tripp's earlier commentary on the Court's decision is available here.