The following Restructuring & Insolvency guidance note Produced in partnership with Sarah Clarke of Hardwicke provides comprehensive and up to date legal information covering:
This Practice Note has been archived and is not maintained.
The Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024 were published and laid before parliament on 25 October 2016, and came into force on 6 April 2017. This Practice Note is an attempt to summarise the key features of the rules. For further detail the reader is referred to the following sources:
full text of the IR 2016
See also: Guide to the destination of the Insolvency Rules 1986, SI 1986/1925 in the Insolvency (England and Wales) Rules 2016, SI 2016/1024 [Archived].
The Insolvency (England and Wales) (Amendment) Rules 2017, SI 2017/366 were laid before Parliament on 13 March 2017 and came into force on 6 April 2017. This SI made a number of minor amends to the IR 2016, SI 2016/1024.
The Insolvency Amendment (EU 2015/848) Regulations 2017, SI 2017/702 were laid before Parliament on 23 June 2017 and came into force on 26 June 2017. This SI made a number of amendments in light of the main provisions of the Recast Regulation on Insolvency 2015/848 (Regulation (EU) 2015/848) which came into force on 26 June 2017 and should be reviewed (together with the Insolvency Service’s guidance on the matter).
The new rules entirely do
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