Avoidance of general assignment of book debts (bankruptcy)
Produced in partnership with Christopher Brockman of Enterprise Chambers
Avoidance of general assignment of book debts (bankruptcy)

The following Restructuring & Insolvency guidance note Produced in partnership with Christopher Brockman of Enterprise Chambers provides comprehensive and up to date legal information covering:

  • Avoidance of general assignment of book debts (bankruptcy)

This Practice Note explains when a general assignment of book debts by a bankrupt prior to their bankruptcy is invalid. See also Practice Note: Unenforceability of liens over books and records.

Where an individual is:

  1. engaged in tra