Why the football creditors rule is here to stay

Why the football creditors rule is here to stay
Monday, 28 May 2012 By John Shea

Justice Richards’ eagerly awaited Judgment in respect of the football creditor rule, which was handed down on Friday following HMRC’s challenge of the rule, provided much needed clarification as to whether the rule was contrary to insolvency law. 

Continue reading this article...

Register with your email and password
Already a member? Sign in

Get access to all of the expert analysis and commentary at LawInSport including articles, webinars, conference videos and podcast transcripts.  Find out more here.

Related Articles

About the Author

John Shea

John Shea

John is a senior associate in the Sports Business Group at Lewis Silkin specialising in contentious, regulatory and disciplinary issues for clubs, agencies, governing bodies and athletes

  • This email address is being protected from spambots. You need JavaScript enabled to view it.

Comments (1)

  • Dan Chapman

    • 29 May 2012 at 22:48
    • #

    Excellent summary of the legal position, as it now (clearly) stands. I am told, however, that HMRC were granted leave to appeal, and intend so to do. Will be interesting to see not only if that appeal proceeds, but whether there will be statutory intervention if the world, outside of football, regards this position as repugnant.

    reply

Leave a comment

Please login to leave a comment.

Courses

Legal Advisors


Copyright © LawInSport Limited 2010 - 2021. These pages contain general information only. Nothing in these pages constitutes legal advice. You should consult a suitably qualified lawyer on any specific legal problem or matter. The information provided here was accurate as of the day it was posted; however, the law may have changed since that date. This information is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. LawInSport is not responsible for any actions taken or not taken on the basis of this information. Please refer to the full terms and conditions on our website.