Insolvency (England and Wales) Rules 2016—first wave of forms published

Insolvency (England and Wales) Rules 2016—first wave of forms published

First wave of new IR 2016 forms published

The Insolvency (England and Wales) Rules 2016, SI 2016/1024 (IR 2016) remove the Insolvency Service’s obligation to prepare prescribed forms when they come into force on 6 April 2017.  In addition, due to the changes brought in to certain procedures by the IR 2016, many existing precedent documents, including Application Notices may be out of date from 6 April.

LexisNexis has been working to produce a full suite of new forms and precedents under IR 2016.

The new Rules 2016, SI 2016/1024 come into force on 6 April 2017. We look at the impact on forms and discuss the release of the first wave of new forms.

You might recall sometime in February we brought you news of a Committee formed for Lexis PSL to review draft precedents to replace old prescribed forms.  See: Insolvency (England and Wales) Rules 2016 forms committee named by Lexis Nexis. 

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About the author:
Eleanor qualified in 1998 into the insolvency team at ASB law. She became a partner in 2005, and went on to head up the Recovery & Insolvency team. Whilst traditionally specialising mainly in contentious corporate insolvency matters, in recent years she has moved into the non contentious arena, in particular specialising in company administrations.