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Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

20 Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

20 Essex Street
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

20/01/2015

Insolvency Briefing

This is an archived article, and some links may not work. Contact us if you have any questions.

In their briefing with The Lawyer, members of 20 Essex Street's insolvency team discuss how, six years on the from 2008/9 financial crisis, there may still be time for claims from the 'twilight zone'.

"More time for claims from the 'twilight zone'

Claims are often brought against directors or other parties arising out of conduct pursued in the ‘twilight zone’: a time when the company moves from solvency to insolvency or doubtful solvency. As creditor pressure mounts, attention invariably turns to the actions of those responsible for the stewardship of the company’s affairs and the custodianship of its assets. The most common limitation period is six years, with time ordinarily running from the date on which the cause of action first accrued. Once the limitation period has passed, the claim is time-barred and potential claimants lose their entitlement to relief.

Accordingly, now we are more than six years on from the 2008/09 financial crisis, those with claims against companies that failed in its aftermath are finding that the sun has gone down not just on the company but also on their claims for relief.

However, all is not necessarily lost six years after the event…"

Read the full article


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