- Lexis®PSL Restructuring & Insolvency monthly highlights—January 2015
- Feature articles
- Corporate and personal insolvency predictions for 2015
- How will changes to the bankruptcy level and debt relief orders affect the personal insolvency landscape?
- Can a trustee in bankruptcy force a bankrupt to crystallise a pension policy?
- Headlines (News updates & analysis)
- High Calibre thoughts on extensions of time
- Section 234 and 236 orders—who pays for the costs of complying?
- Beware, a typo might cost you millions!
- Consultation on SIP 16 (pre-pack administration sales)
- Banks and Building Societies (Depositor Preference and Priorities) Order 2014
- Recovery and resolution planning rules issued by PRA
- New rules for EU cross-border judgments
- Bank Recovery and Resolution Order 2014
- Single rulebook to help deal with failing EU banks
- Expanded €60bn asset purchase programme launched by ECB
- Insolvency Service publishes Q4 insolvency statistics
- Relevant updates from other practice areas
- Grenville Holden Hampshire v Board of the Pension Protection Fund
- Oakrock Ltd v Travelodge Hotels Ltd and others
- National Asset Loan Management Ltd v Cahillane; Re John Christopher Cahillane
- Re Northsea Base Investment Ltd and others
- *Changtel Solutions UK Ltd (formerly Enta Technologies Ltd) v Revenue and Customs Commissioners
- New and updated on Lexis®PSL Restructuring & Insolvency
- New Practice Notes
- New Q&A
- Dates for your diary
January 2015 highlights from the Lexis®PSL Restructuring & Insolvency team. This month’s highlights look at what 2015 may have in store in relation to both corporate and personal insolvency and features an analysis of the impact changes to the bankruptcy level and eligibility requirements for debt relief orders are likely to have on the personal insolvency landscape. We also provide analysis on some notable recent cases, including Horton v Henry, which considered whether the court could, on the application of a trustee in bankruptcy, force a bankrupt to make the election(s) required to crystallise a pension policy to enable the sums realised thereby to be appropriated for the bankruptcy estate, and Re Calibre Solicitors Ltd (in administration), which considered the court’s exercise of its discretion to extend the time limit to challenge the remuneration and expenses of appointed administrators.
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