Court convenes creditor meetings to restructure failing companies

The High Court has convened meetings for four separate classes of creditors to consider the proposed restructuring of a group of three failing companies.  The case involved Deepocean 1 UK Ltd, which comprised of three companies providing sub-sea services. The group had underperformed for several years due to uneconomical charter rates, large and complex projects,

Confidential information: How to protect yours after staff leave employment?

P14 MEDICAL LIMITED v EDWARD MAHON [2020] The High Court has recently provided helpful guidance on post terminations and confidentiality restrictions in employment contracts in the case of P14 Medical Ltd v Edward Mahon. In this case an employer had sought to restrict a former employee with very extensive restrictions including a very wide definition

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