Insolvency Support Services

This Practice Note, produced in partnership with Tim Cooper of Addleshaw Goddard LLP and Eileen Maclean of Insolvency Support Services Limited, looks at members’ voluntary liquidations (MVLs) in Scotland including The Insolvency (Scotland) (Receivership and Winding up) Rules 2018.

This Practice Note, produced in partnership with Eileen Maclean of Insolvency Support Services Limited and updated by Sheana Campbell, Devil, The Faculty of Advocates, considers the statutory framework ‘of accounting periods and approval of remuneration in liquidation, administration, CVAs and receivership in Scotland.

This Q&A considers the definition of occupants in determining the whether a debtor’s dwelling house is subject to the three year ‘use it or lose it rule’ in terms of IA 1986, s 238A.