News & Events

Insolvency & Restructuring

Elaine Palser acts successfully for stylist and influencer, Caroline Stanbury, in the High Court

Elaine Palser, led by Andrew Trollope QC and instructed by RPC, acted successfully for personal stylist and influencer, Caroline Stanbury, in the High Court in Mark Reynolds (as liquidator of CSB123 Ltd) v Caroline Stanbury [2021] EWHC 2506 (Ch). The application against Ms Stanbury was described as “regrettable” and all allegations against her were dismissed in full. The application was brought against Ms Stanbury as a director of CSB 123 Ltd (“SC1”) under s.212 of the Insolvency Act 1986 (the “misfeasance” provision). It was wrongly alleged by Mr Reynolds that she transferred the business and assets of SC1 for no consideration in breach of her duties under ss171 to 175 of the Companies Act 2006 and that the alleged transfer…

Insolvency & Restructuring, News 28 Sep, 2021

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