Corporate insolvency processes

Corporate insolvency processes guidance:

This Practice Note will give a basic overview of what amounts to an administration expense and some of the case law on this topic. Expenses of an administration are...

Practice Note

Administration is a procedure designed to give an entity breathing space, with a view to either a rescue or a restructure or to allow for a better outcome for all...

Practice Note

This Practice Note addresses what happens in practice after the administrator has come into office, how he is appointed, and what statutory tasks the administrator has to...

Practice Note

Why restore an LLP to the register? When a limited liability partnership (LLP) has been struck off, it may be possible to make an application to the Registrar of...

Practice Note

Appeals: the general position in litigation Appeals in litigation are governed by the CPR part 52 and its practice direction, which from 1 October 2012 consists of CPR PD...

Practice Note

The receiver’s duty The duty owed by a receiver to a mortgagor when selling a property is the same as that owed by the mortgagee to a mortgagor: • in exercising his power...

Practice Note

The Brexit vote On 23 June 2016, the UK voted to leave the European Union (EU) by 52% to 48%, with a turnout of 72%, sending shock waves across the markets and economies...

Practice Note

The Brexit vote On 23 June 2016, the UK voted to leave the European Union (EU) by 52% to 48%, with a turnout of 72%, sending shock waves across the markets and economies...

Practice Note

The Brexit vote On 23 June 2016, the UK voted to leave the European Union (EU) by 52% to 48%, with a turnout of 72%, sending shock waves across the markets and economies...

Practice Note

Grounds to challenge the company voluntary arrangement An application can be made to challenge the approval of a company voluntary arrangement (CVA) on one or both of two...

Practice Note

In Charity Commission for England and Wales v Thrift Urban Housing Ltd, the Charity Commission was successful in its petition to wind up a charity under the Insolvency...

Practice Note

Why restore a company to the register? When a company has been struck off, it may be possible to make an application to the Registrar of Companies to restore that company...

Practice Note

Why restore a company to the register? When a company has been struck off it may be possible for an interested person to make an application to the court to restore it to...

Practice Note

This Practice Note sets out the position from 6 April 2017. It does not necessarily reflect the position pre–6 April 2017. Drafting and serving a statutory demand This...

Practice Note

A company voluntary arrangement (CVA) is a binding contractual agreement between a company and its creditors. A CVA proposal must involve one or both of two things: • an...

Practice Note

In the majority of cases, a petition is issued by a creditor of the company but there are other circumstances in which a petition can be issued. A petition can be issued,...

Practice Note