German companies “go UK” – for insolvency proceedings

By: Carsten Lexa, LL.M. During the last several months, some German midsize companies have turn to the UK to undergo insolvency proceedings. They seem to be quiet happy with their decision and, more importantly, they were successful: Today, companies like DNick Holding (formerly Deutsche Nickel AG) or Schefenacker (today separated into the two independent companies odelo and Visioncorp) prosper and

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GM Continues Its Restructuring Long March With Plans To Sell Vauxhall.

By: Ainsley Brown General Motors (GM) this week in another move in its restructuring plan has taken further steps to divest itself of its European operations. First it was Swedish Saab now it’s the UK’s Vauxhall. According to the report in the Times GM is prepared to sell Vauxhall at a discount price – you could even say at a

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Shareholders Fail in Human Rights Cases Against UK Government

By: Ainsley Brown This is a follow up to: More Human Rights Cases Being Brought by Companies. The former shareholders of Northern Rock, principally lead by the hedge funds SRM Global and RAB Capital, have failed in their attempt to use human rights law in their case against the UK government – HM Revenue & Customs and the Bank of

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More Human Rights Cases Being Brought By Companies

By: Ainsley Brown Yes, that’s right, you read correctly: human rights cases are being brought by companies not against them.  Well, at least this is the case in the UK, as a story in the Times explains. A new survey has revealed that while the overall human rights cases brought in 2008 is down over 2007, there has being an

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