Insolvency clauses

Copyright © 2025 LexisNexis

The clause bank for property lawyers brings together examples of the most commonly used insolvency clauses for property documents, including execution clauses, limitation of

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Existing user? Sign-in TAKE A FREE TRIAL
Powered by Lexis+®
Latest Property News

Valid break notice required before paragraph 31 notices can be served (On Tower v BT)

Property Disputes analysis: This decision overturns a decision of the Upper Tribunal in which it was held that a break notice need not be served before a paragraph 31 termination notice is served under the Electronic Telecommunications Code, in circumstances where a contractual break right was exercisable. Written by David Jones (associate) and Mark Barley (partner) at Womble Bond Dickinson.

HM Land Registry updates Practice Guides 20, 26, 40s2 and 78

HM Land Registry (HMLR) has updated four practice guides: Practice Guide 20—Home rights and applications under the Family Law Act 1996, Practice Guide 26—Leases: determination, Practice Guide 40, supplement 2 (40s2)—Preparing plans for HMLR applications and Practice Guide 78—Overseas entities.

Law Society issues new TA6 property information form

The Law Society has issued the new TA6 property information form (6th edition), which significantly streamlines the property information process by reducing the number of sections from 25 in the 5th edition to 15. Sections that have been removed include those on council tax, asking price, tenure, ownership and charges, physical characteristics, building safety, restrictive covenants, coastal erosion, accessibility and coalfield/mining areas.

Renting Homes (Wales) Act 2016, payment of rent and electrical condition reports (Beacon Cymru Group Ltd v Mitchell)

Property Disputes analysis: This latest decision follows the earlier (November 2024) judgment in Coastal Housing Group and others concerning social housing in Wales. The 2024 judgment dealt with the claimant landlords’ claims for declarations. The second part of the case dealt with the counterclaims brought by three contract-holders about the consequences of the landlords’ failure to give them electrical condition reports following the coming into force of the Renting Homes (Wales) Act 2016. The court held that if contract-holders had paid rent (rather than withheld it) the claimant landlords did not have to pay it back in relation to the period of breach. Written by Sarah Salmon, barrister at Cornerstone Barristers, who acted for the claimant landlords.

View Property by content type :  
News
Practice notes
Precedents
Q&As

Popular documents

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an