Restructuring and insolvency transactions

Restructuring and insolvency transactions—content

Content on Restructuring and insolvency transactions in this subtopic includes the following Practice Notes:

Insolvency and environmental issues in practice

1. •

   When an Insolvency Practitioner (IP) can become personally liable for breaches of environmental law—which looks at when and how an insolvency practitioner can become personally liable for a company’s breaches of environmental law. It covers the sources of environmental liability, and the tasks the different types of IP should undertake when faced with environmental issues

2. •

   Steps an Insolvency Practitioner should take when faced with contaminated land—which deals with the steps an insolvency practitioner should take when faced with contaminated land and deals with the background to the contaminated land regime, determining the responsibility for clean-up, remediation works, and what an IP should do

3. •

   Insolvency practitioners and environmental permits—which covers the role of IPs where an environmental permit, issued under the Environmental Permitting (England and Wales) Regulations 2016 (EPR 2016), SI 2016/1154, is