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UK restructuring and insolvency: key judgments, office-holder decisions, litigation funding reform, procedural guidance, BBL data and key dates—weekly update, 5 June 2025

Published on: 05 June 2025

Published by a LexisNexis Restructuring & Insolvency expert
Legal News
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Article summary

In this issue:

  • Personal insolvency
  • Corporate insolvency
  • Document review
  • Directors and insolvency
  • Insolvency litigation
  • Creditor's participation
  • The office-holder
  • International restructuring and insolvency
  • Daily and weekly news alerts
  • Key dates for restructuring and insolvency professionals
  • New content

Personal insolvency

Judgment Alert: Mobile Telecommunications Company KSCP v Al Saud [2025] EWCA Civ 681

The Court of Appeal (Civil Division) rejected the petitioner’s application (Mobile Telecommunications Company KSCP) for permission to appeal the dismissal of its bankruptcy petition against Prince Hussam bin Saud bin Abdulaziz al Saud (Prince Hussam). The court found no realistic prospect that the petitioner could overturn the judge’s factual conclusions that, during the relevant three-year period preceding the petition, Prince Hussam did not have a ‘place of residence’ in England and Wales, as required by section 265(2)(b)(i) of the Insolvency Act 1986 to establish jurisdiction. The submission that mere access to accommodation would be enough was dismissed by the court...

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