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In the single-biggest change to insolvency law in a generation, the Insolvency Rules 1986 (IR 1986) are set to be replaced in their entirety in 2016. In a process which has been ongoing since 2006, the new insolvency rules will not simply be a renumbering exercise—a number of new rules and procedure will take effect which practitioners will need to get to grips with.
At LexisNexis® UK, we have published the Annotated Guide to the new Insolvency Rules, an online resource accessible through both Lexis®Library and Lexis®PSL Restructuring and Insolvency. Written by Dr John Tribe and Susan Morgan, the Annotated Guide to the New Insolvency Rules compares, on a rule-by-rule basis, the IR 1986 and the new draft insolvency rules as they were published in July 2015. The Annotated Guide to the New Insolvency Rules will be updated once the new insolvency rules are passed.
In the first of a series of four 'hot topics' briefings, we take a high-level look at the background to—and structure of—the new insolvency rules in their current form. In addition, Dr John Tribe and Susan Morgan provide their thoughts on this hot topic in a short webinar. To access this briefing, please click here.
We will be publishing a new briefing every day, so be sure to visit the Lexis®PSL Restructuring and Insolvency blog to access them.
To access the Annotated Guide to the New Insolvency Rules, click here.
Not a subscriber? Find out more about how Lexis®PSL can help you and click here for a free trial of Lexis®PSL Restructuring and Insolvency.
Free trials are only available to individuals based in the UK
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Stephen qualified as a solicitor in 2005 and joined the Restructuring and Insolvency team at Lexis®PSL in September 2014 from Shoosmiths LLP, where he was a senior associate in the restructuring and insolvency team.
Primarily focused on contentious and advisory corporate and personal insolvency work, Stephen’s experience includes acting for office-holders on a wide range of issues, including appointments, investigations and the recovery and realisation of assets (including antecedent transaction claims), and for creditors in respect of the impact on them of the insolvency of debtors and counterparties.
0330 161 1234