Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
Royal assent has recently been given to two Acts which make some significant changes to insolvency legislation namely:
The insolvency related provisions of both of these Acts are included in the seventeenth edition of the Butterworths’ Insolvency Law Handbook. In addition, the Handbook contains the changes to the Insolvency Rules 1986 made by the Insolvency (Amendment) Rules 2015 and the insolvency related provisions of the Co-operative and Community Benefit Societies Act 2014 and the Pension Schemes Act 2015. Significant changes to the Scottish insolvency regime made by the Insolvency (Scotland) Amendment Rules 2014 and the Bankruptcy and Debt Advice (Scotland) Act 2014 are also included in the book.
In July 2013 the Department for Business, Innovation and Skills consulted by seeking feedback to a discussion paper, amongst other things, on measures to strengthen the director disqualification regime. The Government response to the consultation was published in April 2014, and the proposals made included those to provide a new ground for disqualifying a director convicted abroad of a company-related offence; changes to the matters that a court must take into account when considering a disqualification and measures to provide a process for pursuing compensation for creditors following the disqualification of a director. Part 9 of SBEEA contains measures that seek to put these proposals into legislation. No date for the commencement of these provisions has yet been set. However, the changes, when acted, will be significant. They include the following:
Section 104 of SBEEA introduces a new ground for bringing disqualification proceedings under the Company Directors Disqualification Act 1986 (“CDDA 1986”). It allows the Secretary of State to apply to the court for the disqualification as a director of a person who has been convicted of certain offences overseas.
Section 105 of SBEEA inserts new sections into the CDDA 1986 to introduce a new ground for disqualification for persons who are not directors but who ex
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
0330 161 1234