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

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

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),...

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

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...

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

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

Out-of-court appointments—background Prior to the Insolvency (England and Wales) Rules 2016 (IR 2016), there was no requirement to specify the date and...

Practice Note

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

Practice Note

This Practice Note focuses on the forced removal of an administrator from office, although other reasons for vacation of office by an administrator are touched upon...

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 details of the impact on the Recast Regulation on...

Practice Note

The role, powers and duties of an appointed administrator are set out in the Insolvency Act 1986 (IA 1986) and Insolvency (England and Wales) Rules 2016 (IR...

Practice Note

This Practice Note has been archived and is not maintained. The Small Business, Enterprise and Employment Act 2015 (SBEEA 2015) received Royal Assent on 26 March 2015 and...

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

The success of an administration will often depend on the value of the assets available to the company and the administrator's ability to deal with these assets freely to...

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...

Practice Note

ARCHIVED: This Practice Note has been archived and is not maintained. The Insolvency Rules 2016—coming into force and changes The Insolvency (England and Wales) Rules...

Practice Note