This Practice Note covers receivers who are appointed by the court, including the circumstances in which a court will appoint a receiver and who may...
The Court of Appeal has made it clear in JCAM that a moratorium cannot be obtained through the back door by filing a notice of intention to appoint an...
Coronavirus (COVID-19)This content is affected by the coronavirus (COVID-19) pandemic. For further details, take a look at our Coronavirus (COVID-19)...
DisclaimerUnder sections 178 and 315 of the Insolvency Act 1986 (IA 1986), a liquidator or a trustee in bankruptcy (trustee) has the power to disclaim...
IntroductionThis Practice Note will give a basic overview of the applicable tests for cashflow and balance sheet insolvency under section 123 of the...
Ipso facto clauses definedContracts often contain provisions to the effect that the contracts will terminate upon the bankruptcy or insolvency of one...
When restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of restructuring over formal proceedings) the...
The effect of a company voluntary winding-up—the position under The Insolvency (England and Wales) Rules 2016This Practice Note sets out the position...
Receivership process in the Isle of ManThis Practice Note covers the procedural aspects following the appointment of a receiver in respect of an Isle...
Remuneration and expenses of nominee or supervisor of a Company Voluntary Arrangement (CVA)The remuneration of the insolvency practitioner is governed...
Effect of appointment of LPA or fixed charge receiver on propertyImpact of appointmentThe effect of the appointment of an LPA/fixed charge receiver is...
Effect of court-appointed receivers on property and companyEmployeesThe appointment by the court of a receiver of the company will have the effect of...
Challenging the approval of a CVA—unfair prejudice, material irregularity: the position under The Insolvency (England and Wales) Rules 2016Coronavirus...
Creditors' decision-making in a liquidation—the position under the Insolvency (England and Wales) Rules 2016The Insolvency (England and Wales) Rules...
Court appointment of administrators—who can apply and in what circumstances?This Practice Note will cover:•the purpose of administration•who can apply...
Compulsory liquidation—issuing a petitionSTOP PRESS: The Corporate Insolvency and Governance Act 2020 contains provisions which, on a temporary basis...
Company Voluntary Arrangements—an introductory guideA company voluntary arrangement (CVA) is a binding contractual agreement between a company and its...
The deemed consent procedure, decision-making procedure, and meetings—the position under the Insolvency (England and Wales) Rules 2016The Insolvency...
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