Insolvency Scholar as new Downing Professor of the Laws of England at Cambridge - Professor Sarah Worthington QC FBA
Professor Sarah Worthington FBA QC, has been appointed as the new Downing Professor of the Laws of England in the University of Cambridge. She replaces the legal historian, Professor Sir John Baker QC FBA. This new appointment is excellent news for insolvency scholarship, as along with the Vinerian chair at Oxford, the Downing chair is the most prestigous law chair in UK universities. It could be argued that this appointment signals the arrival of insolvency as one of the most prestigious of academic disciplines!
Professor Worthington has published a number of pieces on insolvency. These include, inter alia:
- "Company Charges" in PL Davies Gower and Davies Principles of Modern Company Law (8th ed) (OUP), pp. Ch 32
- Floating Charges: The Use and Abuse of Doctrinal Analysis" in J Getzler and J Payne (Ed), Company Charges: Spectrum and Beyond (OUP), pp. 25-49
- "Proprietary Remedies and Insolvency Policy: The Need for a New Approach" in J Lowry and L Mistelis (Ed), Commercial Law: Perspectives and Practice (Lexis-Nexis/Butterworths), pp. 191-205
- "Subrogation Claims on Insolvency" in F Rose (Ed), Insolvency and Restitution (Lloyd’s of London Press), pp. 66-76
- "The Pari Passu Principle and Ranking Restitutionary Rights" in F Rose (Ed), Insolvency and Restitution (Lloyd’s of London Press), pp. 1-20 (with V Finch)
- "Testing the Anti-Deprivation Rule: a response to ‘Lehman brothers and the anti-deprivation principle: current uncertainties and proposals for reform’" (2011) 6 Capital Markets Law Journal 450-455
- "Making Sense of Arguments about the Anti-Deprivation Rule" (2011) 8(1) International Corporate Rescue 26-39
- "Insolvency Deprivation, Public Policy and Priority Flip Clauses" (2010) 7(1) International Corporate Rescue 28-39 "Floating charges: the current state of play" (2008) Journal of International Banking and Finance Law 467-469 (with Ina Mitchkovska)
- "Property, Obligation and Insolvency Policy: Cutting the Gordian Knot" (2005) 20 Journal of International Banking and Financial Law 100-103
- "An "Unsatisfactory Area of the Law"—Fixed and Floating Charges Yet Again" (2004) 1 International Corporate Rescue 175-184 "Shares and Shareholders: Property, Power and Entitlement - Parts I and II" (2001) 22 The Company Lawyer 258-66 and 307-314
- Fixed Charges Over Book Debts and Other Receivables" (1997) 113 Law Quarterly Review 562-569
- "Directors’ Duties, Creditors’ Rights and Shareholder Intervention" (1991) 18 Melbourne University Law Review 121-153
Professor Worthington also practices from 3/4 South Sqaure. She also has the dubious honour of teaching yours truly directors duties! Williams v. Natural Life is forever etched on my memory as a result!
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...