This Practice Note considers some common practical issues which arise in relation to legal professional privilege (LPP) in the context of corporate and personal insolvency processes and insolvency proceedings.For information on the general principles associated with privilege including the rationale for those principles, see Practice Note: Privilege—general principles.For information on LPP generally including the various criteria for both legal advice privilege and litigation privilege and the exceptions to privilege, see Practice Note: Legal professional privilege in civil proceedings.General principles—corporate insolvencyIn a corporate context, the privilege in a document vests in the company. An insolvency office-holder appointed over the company, who stands in the shoes of the company, is accordingly entitled to recover and review documents which exist from the period prior to the company entering the insolvency process.In respect of any such documents recovered, the office-holder may maintain or waive any claim to privilege which the company could formerly have maintained against third parties. For information on waiver of privilege by the office-holder, see ‘Waiver