Insolvency (England and Wales) Rules 2016—forms committee named by LexisNexis

Insolvency (England and Wales) Rules 2016—forms committee named by LexisNexis

The new Insolvency (England and Wales) Rules 2016, SI 2016/1024 (IR 2016) come into force on 6 April 2017. We look at the impact on forms and discuss our plans for new forms and the appointment of the LexisNexis forms committee.

New forms and the appointment of the LexisNexis forms committee

The IR 2016 remove the Insolvency Service’s obligation to prepare prescribed forms when they come into force on 6 April 2017. Despite Companies House and the Insolvency Service announcing that they will be producing certain forms, significant uncertainty remains as to what the format of many of the forms and applications under the IR 2016 should look like. This uncertainty has caused alarm to many practitioners. LexisNexis has therefore established a committee of the following leading insolvency professionals to establish standard form documents which are expected to be widely adopted across the market:

  • Chief Registrar, Stephen Baister
  • Alison Curry, Head of Regulatory Standards & Support at the Insolvency Practitioners Association
  • David Leibowitz, Restructuring and Insolvency partner at Berwin Leighton Paisner
  • Frances Coulson, Head of Insolvency and Litigation at Moon Beever
  • Jeremy Goldring QC, Barrister at South Square
  • Mark Sands, Immediate Past President of the Insolvency Practitioners Association and partner at Baker Tilly Creditor S

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About the author:

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.