Q&As

Where the winding up of a partnership and the partners’ bankruptcies occurred in 2008 and have since been consolidated, if an application to court is to be made or creditors’ decision sought to appoint a trustee, will the Insolvency Rules 1986 or Insolvency (England and Wales) Rules 2016 apply?

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Produced in partnership with Caroline Clark
Published on LexisPSL on 11/08/2017

The following Restructuring & Insolvency Q&A produced in partnership with Caroline Clark provides comprehensive and up to date legal information covering:

  • Where the winding up of a partnership and the partners’ bankruptcies occurred in 2008 and have since been consolidated, if an application to court is to be made or creditors’ decision sought to appoint a trustee, will the Insolvency Rules 1986 or Insolvency (England and Wales) Rules 2016 apply?

Where the winding up of a partnership and the partners’ bankruptcies occurred in 2008 and have since been consolidated, if an application to court is to be made or creditors’ decision sought to appoint a trustee, will the Insolvency Rules 1986 or Insolvency (England and Wales) Rules 2016 apply?

Rule 2 of the introductory rules of the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024 revokes the Insolvency Rules 1986 (IR1986), SI 1986/1925 and all other amendments thereto with effect from 6 April 2016 (IR 2016, SI 2016/1024, r 1). The effect of this is that IR 2016 in their

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