United Kingdom jurisdictioncarrying on business

Masters v Barclays Bank plc

[2013] EWHC 2166 (Ch); [2013] BPIR 1058

JurisdictionUnited Kingdom

CourtHigh Court of Justice (Chancery Division)

Year2013

StatusPersuasive authority

Key Principle

For the purposes of bankruptcy jurisdiction under s.265 Insolvency Act 1986, merely being a director, shareholder or LLP member, or giving a personal guarantee, does not without more constitute the debtor 'carrying on business' in England and Wales.

Area of Law

General

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