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The Supreme Court website notes that the judgment in In Re Sigma Finance Corporation (in administrative receivership) and In Re The Insolvency Act 1986 (Conjoined Appeals) is due to be given at 9:45am on Thursday 29 October 2009. The Sigma case has been mentioned on this blog before. The case involves issues around the construction of a trust deed, priority of payment and pari passu distribution. Half of 3-4 South Square seem to have appeared in the case. Tomorrow will bring news of which counsel has argued most effectively!
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...