Lexis®PSL R & I highlights – January 2016

Welcome to your January edition of Restructuring and Insolvency monthly highlights.

This month’s highlights include:

  • our look ahead to predictions for 2016;
  • changes to the corporate rescue exemption for companies under the Finance (No.2) Act 2015; and
  • recent case analysis.

Exclusive subscriber content: "What is the procedure on a bankruptcy petition hearing?"

This Practice Note looks at the steps that need to be taken—and by whom—leading up to and at the hearing of a bankruptcy petition. It sets out the procedural steps to be taken by the petitioning creditor, including the filing of a certificate of continuing debt at the hearing itself, and also what other creditors should do if they wish to appear at the hearing.

This Practice Note also deals with the kinds of orders that might be made at the hearing (other than a bankruptcy order being made) and any steps that any persons must take as a consequence. This includes adjournments, substitution of the petitioning creditor, change of carriage of the bankruptcy petition and withdrawal of the bankruptcy petition for any reason by the creditor.

On the Edge – Liquor licences law for insolvency practitioners

Also, don't miss our latest in a series of ‘On the edge’ guides highlighting areas of legislation that may not fall within the everyday work of insolvency practitioners.

In this edition, Nicola Smith, a senior associate in the alcohol, entertainment and food licensing team at Squire Patton Boggs, offers guidance on liquor licensing issues for insolvency practitioners.

Monthly Highlights – free sign up

Sign up on the right hand side to download all the exclusive subscriber content and to receive our round up of all the important R&I cases and news from the last month, together with a free example of a Lexis®PSL restructuring and insolvency practical guidance note. Everything you need to keep yourself informed in one place – don’t miss it.

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