Administration

Administration 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

DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Notes:...

Precedents

This Agreement is made on [insert day and month] 20[insert year] Parties 1 [Insert name of company in administration/liquidation] (in [administration OR liquidation]) a...

Precedents

Brexit impact As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note

Court Reference No: [INSERT COURT REF. NUMBER] [IN THE HIGH COURT OF JUSTICE BUSINESS AND PROPERTY COURTS [OF ENGLAND AND WALES OR IN [INSERT LOCATION]] INSOLVENCY AND...

Precedents

From 6 April 2017, the Insolvency Rules 1986 (IR 1986), SI 1986/1925 were revoked and replaced by the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024....

Practice Note

This Practice Note will cover: • the purpose of administration • who can apply for a court-appointed administrator, and in what circumstances This Practice Note does not...

Practice Note

This Practice Note will cover: • the procedure for court administration appointments, and • the documents required to make an application For details on who is entitled...

Practice Note

Brexit impact This Practice Note is impacted by the decision of the UK on 23 June 2016 to leave the European Union. For further details of the impact on the Recast...

Practice Note

Brexit impact This Practice Note is impacted by the decision of the UK on 23 June 2016 to leave the European Union. For further details of the impact on the Recast...

Practice Note

This Practice Note will cover: • the purpose of administration • who can apply for a court-appointed administrator, and in what circumstances This Practice Note does not...

Practice Note

Court fees are payable in connection with commencing certain insolvency processes, and commonly during an insolvency process (usually against respondents in disputed...

Practice Note

Signed by [insert name of administrator] without personal liability.................................................[signature of individual]

Precedents

Deed executed by administrator in the presence of a witness Executed as a deed on behalf of [insert name of Administrator(s)] without personal liability in the presence...

Precedents

Option 1—contract signed by administrator on behalf of the company Signed by [insert name of administrator], administrator (without personal liability), for and on behalf...

Precedents

Option 1—deed executed by administrator under the company’s common seal Executed as a deed by affixing the common seal of[insert name of company] (in administration)...

Precedents

This Practice Note sets out certain key cases and associated relevant content in relation to fixed and floating charges. The cases are divided by topic area and include:...

Practice Note

There are several ways in which an administration can come to an end depending on the specific circumstances of the administration. However, the starting point is that an...

Practice Note

The Enterprise Act 2002 enabled administrators to be appointed using an out-of-court procedure for the first time. While this allowed for more freedom within the...

Practice Note

Who can make an application for administration out of court opening hours? Where an administrator appointment must be made urgently, the holder of a qualifying floating...

Practice Note

Brexit impact As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

Practice Note

FORTHCOMING CHANGES relating to insolvency and tax: Finance Bill 2019–20 introduces provisions where: • with effect for business insolvencies that commence on or after 6...

Practice Note

What are business rates? Business rates are a tax on property used for business purposes. They are charged on most non-domestic properties, such as shops, offices and...

Practice Note

This Practice Note considers the interaction between the statutory moratorium under Schedule B1 to the Insolvency Act 1986 (IA 1986), which prevents most creditor or...

Practice Note

This Practice Note considers the interaction between the statutory moratorium under Schedule B1 to the Insolvency Act 1986 (IA 1986), which prevents most creditor or...

Practice Note

This Practice Note considers some of the key considerations for administrators in relation to their personal liability and considers what steps can be taken by them in...

Practice Note

Brexit impact The administration process is impacted by the decision of the UK on 23 June 2016 to leave the EU. Both the Insolvency Act 1986 (IA 1986) and the Insolvency...

Practice Note

Brexit impact The administration process is impacted by the decision of the UK on 23 June 2016 to leave the EU. Both the Insolvency Act 1986 (IA 1986) and the Insolvency...

Practice Note