Leon Breakey
PartnerLeon deals with a wide range of commercial disputes and debt recovery and regularly acts for clients in court proceedings in the Court of Session and Sheriff Courts.
With particular experience and focus on insolvency and company law matters, he advises clients on corporate and personal insolvency disputes. Clients find him exceptional not only in his advice but also in his ability to negotiate successful outcomes for them. In addition, Leon’s work contributed to the firm being Highly Commended for Commercial Team of the Year at the British Legal Awards 2016.
Article
UK Supreme Court Confirms Scope of Fraudulent Trading Provisions
The UK Supreme Court has brought clarity to the scope of fraudulent trading under Section 213 of the Insolvency Act 1986 in the case of Bilta (UK) Ltd (in liquidation) and others v. Tradition Financial Services Ltd. The judgment adopts an expansive interpretation of who may be held liable under Section 213, confirming that liability is not limited solely to company insiders, but also extends to third parties who knowingly participate in fraudulent trading.
