Practice Direction on Insolvency Proceedings
Practice Direction on Insolvency Proceedings

The following Restructuring & Insolvency practice note provides comprehensive and up to date legal information covering:

  • Practice Direction on Insolvency Proceedings
  • Coronavirus (COVID-19)
  • PDIP latest version
  • Summary of the PDIP
  • Part One: general—PDIP, paras 1 to 7
  • Definitions—PDIP, para 1
  • Distribution of business—PDIP, para 3
  • Service of court documents—PDIP, para 5
  • Urgent applications—PDIP, para 7
  • Part two: company insolvency—PDIP, paras 8 to 10
  • More...

Coronavirus (COVID-19)

This content contains guidance on subjects impacted by the Coronavirus Act 2020 and related changes to court procedures and processes as a result of the coronavirus (COVID-19) pandemic, including the introduction of the Temporary Insolvency Practice Direction Supporting the Insolvency Practice Direction that came into force on 1 October 2020 (replacing the earlier version in force from 6 April 2020 until 1 October 2020) and the Insolvency Practice Direction relating to the Corporate Insolvency and Governance Act 2020 (CIGA 2020), which applies from 26 June 2020. For further information, see Practice Notes Coronavirus (COVID-19)—Changes to the court process in insolvency proceedings, The Temporary Insolvency Practice Direction Supporting the Insolvency Practice Direction (April 2021), and Corporate Insolvency and Governance Act 2020—overview.

For coronavirus related news, guidance and other resources to assist practitioners working on restructuring and insolvency matters, see: Coronavirus (COVID-19)—Restructuring & Insolvency—overview.

PDIP latest version

The latest version of the Practice Direction on Insolvency Proceedings (PDIP) came into force on 3 July 2020—see PDIP, para 2.1, and News Analysis: New Insolvency Practice Direction and amendment to the Insolvency Proceedings Practice Direction 2018—approved and signed by the Lord Chancellor, LNB News 07/07/2020 47.

The CIGA 2020 received Royal Assent on 25 June 2020. It makes a number of permanent and temporary changes to corporate insolvency law, including in relation to winding-up petitions during the coronavirus pandemic. On 3

Popular documents