Special administration

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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
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
Joint office-holder appointmentsAll insolvency processes allow for the joint appointment of office-holders if required. Whether it is appropriate or...
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19th May
Practice notes
Interference with goods in an insolvency situationApplication to insolvencyFollowing an appointment, an office-holder will need to establish what...
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19th May
Practice notes
Secured creditors under a CVA—including effect on guaranteesNeither the company nor its creditors may approve a company voluntary arrangement (CVA)...
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Produced in partnership with Lexa Hilliard QC of Wilberforce Chambers 19th May
Practice notes
Court-appointed receivers—when a court will appoint a receiver and who may be appointedThis Practice Note covers receivers who are appointed by the...
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Produced in partnership with John Hughes of Shakespeare Martineau LLP 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
Bankruptcy petitions—process and procedureBefore the hearing of the creditors’ bankruptcy petition takes place, there are a number of steps that must...
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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
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
The CVA proposal and procedure—the position under the Insolvency (England and Wales) Rules 2016The company voluntary arrangement (CVA) proposal will...
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Produced in partnership with KPMG and Lexa Hilliard QC of Wilberforce Chambers 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
Practice notes
Covenant waivers and resetsOne of the initial signs of distress is usually a covenant breach by the company. The lenders may agree to a simple waiver,...
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19th May

Most recent Special administration content

Q&As
Does the Third Parties (Rights Against Insurers) Act 1930 apply to special administrations?STOP PRESS: From 6 April 2017, the Insolvency Rules 1986,...
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31st Jul
Practice notes
Special Administration for financial institutionsWhy these Regulations were introducedThe financial crisis, commencing in 2007 and marked notably by...
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Produced in partnership with Dominic McCahill of Skadden 31st Jul
Practice notes
Social housing administrationInsolvency of private not-for-profit registered providers of social housingThe social housing sector in England is...
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Produced in partnership with Eleanor James of Trowers & Hamlins LLP 31st Jul
Precedents
Special administration—Client asset statement of...
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30th Jul
Precedents
Special administration—company board minutes[INSERT NAME OF INVESTMENT BANK]Minutes of a meeting of the board of directors of [insert name of...
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30th Jul
Precedents
Special administration—letter to all known creditors: notice of appointment of special administrators[TO BE TYPED ON THE HEADED NOTEPAPER OF THE...
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30th Jul
Precedents
Special Administrators’ proposals[Investment Bank name](in Special Administration)Special Administrators’ Proposals for achieving the purpose of the...
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30th Jul
Precedents
Special administration—letter to all known clients: notice of appointment of special administrators[TO BE TYPED ON THE HEADED NOTEPAPER OF THE SPECIAL...
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30th Jul
Precedents
Special administration—witness statement in support of application for special administrationApplicant[NAME OF WITNESS]First Witness StatementDate:...
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30th Jul
Precedents
Special administration—Creditor’s statement of claim[company name]Date of special administration [date]Creditor’s name and address [name, address and...
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30th Jul
Precedents
Special administration—distribution orderCourt Reference No:[ INSERT COURT REF. NUMBER][IN THE HIGH COURT OF JUSTICE BUSINESS AND PROPERTY COURTS [OF...
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Produced in partnership with Charlotte Møller of Brown Rudnick LLP 30th Jul
Practice notes
Insolvency in the Further and Higher Education SectorThis Practice Note summarises the insolvency regime introduced by the Technical and Further...
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Produced in partnership with Neil Smyth of Mills & Reeve LLP 30th Jul
Precedents
Special administration—special administrators’ progress report[investment bank name] (in special administration)[Joint] Special Administrators’...
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Produced in partnership with Charlotte Møller of Brown Rudnick LLP 30th Jul
Precedents
Special administration—frequently asked questions (FAQs) for clients or investors and trade creditorsFrequently Asked Questions—clients, investors or...
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30th Jul

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