Unsurprisingly, the Supreme Court (by majority of 3 to 2) has upheld the Court of Appeal and High Court decisions to set aside the creditor compromise put forward by Trends Publishing International Limited (“Trends”).
Part 14 of the Companies Act 1993 (“the Act”) provides a process by which compromises between a company (usually insolvent or near-insolvent) and its creditors can be implemented even though not all of those affected agree. An approved compromise is binding on the company and all creditors to whom the notice of the proposal was given.
Mary and John own a manufacturing business in Albany. They employ 19 staff and have 5 contractors working for them. On the whole, Mary and John feel that their staff work hard and that the company remunerates the staff well. Mary and John feel that there is mutual respect between them (as company directors) and the staff.
The case study involves a client who had reduced range of movement in her back line. She works in a sitting position like so many and when she started our session (see below picture) she had a reduced range, which meant she could not fully bend forward. This is not about stretching this is about mobility and persuading connective tissue to move beyond what it is normally used to.