Compulsory liquidation

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Practice notes
Key elements of a standstill agreementWhen restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of...
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19th May
Practice notes
US bankruptcy financing—debtor-in-possession (DIP) financingDIP financing generallyDebtor-in-possession financing (DIP financing) is new,...
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Produced in partnership with Liz Downing of Skadden Arps Slate Meagher & Flom LLP 19th May
Practice notes
What is a pre-pack administration sale?Stop pressOn 8 October 2020, the Insolvency Service published the outcome of its review conducted into the...
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19th May
Practice notes
Role, powers, functions and duties of a trustee in bankruptcyThis Practice Note looks at the roles, powers, functions and duties of the trustee in...
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19th May
Practice notes
Marshalling debtWhat is marshalling?Marshalling is where two or more creditors are owed money by the same debtor, and one creditor has more than one...
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Produced in partnership with Karen Jacobs of Dentons 19th May
Practice notes
Statement of Insolvency Practice 16 (SIP 16)—pre-packaged sales in administrationInsolvency practitioners (IPs) are required to comply with both...
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19th May
Practice notes
The deemed consent procedure, decision-making procedure, and meetings—the position under the Insolvency (England and Wales) Rules 2016The Insolvency...
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Produced in partnership with Richard Bowles 19th May
Practice notes
Practice Direction on Insolvency ProceedingsCoronavirus (COVID-19)This content contains guidance on subjects impacted by the Coronavirus Act 2020 and...
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19th May
Practice notes
Annulment of bankruptcy ordersThis Practice Note looks at the annulment of bankruptcy orders under section 282 of the Insolvency Act 1986 (IA 1986)...
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19th May
Practice notes
Equitable charges v legal charges—impact on saleabilityThis Practice Note considers the position of a security holder who has an equitable mortgage or...
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Produced in partnership with Jonathan Titmuss of Hardwicke 19th May
Practice notes
Wrongful trading claims under sections 214 and 246ZB of the Insolvency Act 1986What is wrongful trading?Wrongful trading is a claim which arises under...
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19th May
Practice notes
Compulsory winding up of a company—the process and procedureSTOP PRESS: The Corporate Insolvency and Governance Act 2020 contains provisions which, on...
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Produced in partnership with Eleanor Holland and Karl Anderson of 4 Stone Buildings 19th May
Practice notes
Prohibited names under section 216 of the Insolvency Act 1986The purpose of section 216 of the Insolvency Act 1986Section 216 of the Insolvency Act...
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19th May
Practice notes
Insolvency set-off—the position under the Insolvency (England and Wales) Rules 2016IntroductionSet-off refers to claims that may be set-off against...
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Produced in partnership with South Square Chambers and BDO 19th May
Practice notes
What is a statutory demand?This Practice Note looks at what a statutory demand is and what it seeks to achieve in both corporate and personal...
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19th May
Practice notes
A guide to independent business reviewsThis Practice Note looks at independent business reviews (IBRs) and aims to:•provide high level guidance around...
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Produced in partnership with Allan Kelly of RSM 19th May

Most recent Compulsory liquidation content

Q&As
If an error is made in a company statutory demand, would this render the demand invalid under the Insolvency (England and Wales) Rules 2016?The...
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Produced in partnership with Lana Ashby of Durham University 1st Aug
Q&As
How do you wind up a company limited by guarantee? Does this differ to the options available to a company limited by shares?A company limited by...
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1st Aug
Q&As
Can a statutory demand be served on a UK corporate person where the debt arises under a contract that has a foreign choice of law and forum...
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Produced in partnership with David Sawtell of 39 Essex Chambers 1st Aug
Q&As
A creditor has issued a winding-up petition. If we notify that creditor of our attention to attend a hearing, can we withdraw the notice or simply not...
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1st Aug
Q&As
Can a creditor claim from a debtor company the costs of drafting, preparing and serving both a statutory demand and subsequent winding-up petition,...
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Produced in partnership with Caroline Clark 1st Aug
Q&As
Can a statutory demand be served and enforced in the UK upon a limited company incorporated in Malta, where the company operates in the UK but its...
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1st Aug
Q&As
Are litigation costs (incurred prior to liquidation) claimable against the defendant by a liquidator?STOP PRESS: From 6 April 2017, the Insolvency...
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1st Aug
Q&As
If there are joint liquidators on behalf of a company, do they both need to sign a stock transfer form or can it be done by one of them? Where an...
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1st Aug
Q&As
Does the stay under section 130(2) of the Insolvency Act 1986 apply to arbitration proceedings where a winding-up order is made against the defendant...
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1st Aug
Q&As
Can an adjudication award in the construction industry in favour of a company in liquidation be enforced?STOP PRESS: From 6 April 2017, the Insolvency...
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Produced in partnership with Carly Schiff of Boyes Turner 1st Aug
Q&As
Where a company is wound up in England and Wales in 1984, do the rules regarding the need to seek permission from the court to issue court proceedings...
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1st Aug

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