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England and Wales High Court (Chancery Division) Decisions |
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You are here: BAILII >> Databases >> England and Wales High Court (Chancery Division) Decisions >> Hartmann Capital Ltd & Ors, Re Investment Bank Special Administration Regulations 2011 [2015] EWHC 1514 (Ch) (13 May 2015) URL: http://www.bailii.org/ew/cases/EWHC/Ch/2015/1514.html Cite as: [2015] WLR(D) 241, [2015] EWHC 1514 (Ch), [2015] Bus LR 983 |
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CHANCERY DIVISION
COMPANIES COURT
Rolls Building, Royal Courts of Justice 7 Rolls Buildings, Fetter Lane London EC4A 1NL |
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B e f o r e :
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IN THE MATTER OF HARTMANN CAPITAL LIMITED | ||
(IN SPECIAL ADMINISTRATION) | ||
And | ||
IN THE MATTER OF THE INVESTMENT BANK SPECIAL | ||
ADMINISTRATION REGULATIONS 2011 | ||
HARTMANN CAPITAL LIMITED |
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(in special administration) | ||
ANDREW ANDRONIKOU | ||
PETER KUBIK | ||
(as joint special administrators of Hartmann Capital Limited (in special administration)) | Applicants |
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Crown Copyright ©
MR. JUSTICE NEWEY:
"The Government will therefore delay commencing sections 44 and 46 of the LASPO Act 2012 [i.e. the Legal Aid, Sentencing and Punishment of Offenders Act 2012] for insolvency proceedings for the time being. Accordingly, no win no fee agreements in insolvency proceedings will continue for the time being to operate on the pre-LASPO Act basis with any conditional fee agreement success fees and after the event insurance premiums remaining recoverable from the losing party."