ANDREW FELDMAN v SIMON NISSIM (2010)
There were no substantial grounds on which a statutory demand, arising out of the debtor's agreement to indemnify the creditor for losses arising from online spread bets placed by him on behalf of the debtor, could be set aside. Whilst it was at least arguable that a duty of care was owed by the creditor to the debtor in the way the bets were placed, there was no evidence of any breach of such a duty or consequential losses.
INSOLVENCY - HOSPITALITY AND LEISURE - NEGLIGENCE
Ch D (Bankruptcy Ct) (Richard Snowden QC) 10/6/2010
References: LTL 11/6/2010
Document No.: Case Law - AC0125004
SCOTTISH & NEWCASTLE LTD v ZELJKO STEPHEN RAGUZ (2010)
There was no merit in an appeal or review under the Insolvency Act 1986 s.375 of a bankruptcy order, and no basis on which to allow fresh evidence to be adduced. The judge had correctly decided that the security offered by the debtor was inadequate, and that there was no credible evidence to justify an adjournment.
INSOLVENCY - CIVIL EVIDENCE
Ch D (Proudman J) 10/6/2010
References: LTL 11/6/2010
Document No.: Case Law - AC0125010
There were no substantial grounds on which a statutory demand, arising out of the debtor's agreement to indemnify the creditor for losses arising from online spread bets placed by him on behalf of the debtor, could be set aside. Whilst it was at least arguable that a duty of care was owed by the creditor to the debtor in the way the bets were placed, there was no evidence of any breach of such a duty or consequential losses.
INSOLVENCY - HOSPITALITY AND LEISURE - NEGLIGENCE
Ch D (Bankruptcy Ct) (Richard Snowden QC) 10/6/2010
References: LTL 11/6/2010
Document No.: Case Law - AC0125004
SCOTTISH & NEWCASTLE LTD v ZELJKO STEPHEN RAGUZ (2010)
There was no merit in an appeal or review under the Insolvency Act 1986 s.375 of a bankruptcy order, and no basis on which to allow fresh evidence to be adduced. The judge had correctly decided that the security offered by the debtor was inadequate, and that there was no credible evidence to justify an adjournment.
INSOLVENCY - CIVIL EVIDENCE
Ch D (Proudman J) 10/6/2010
References: LTL 11/6/2010
Document No.: Case Law - AC0125010
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