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Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

11 JAN 2012

British Arab Commercial Bank plc v Ahmad Hamad Algosaibi and Brothers Co [2011] EWHC 2444 (Comm), [2011] BPIR 1568 (Queen's Bench Division, Commercial Court, Flaux J, 29 September 2011)

A number of banks had issued proceedings against the defendants. After a trial where liability was admitted, one of the banks obtained interim charging orders over properties. After those orders were served on the other banks, they followed suit.


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