BrexitBREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note....
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)...
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...
STOP PRESS: The Corporate Insolvency and Governance Act 2020 contains provisions which, on a temporary basis (presently until 31 December 2020) impose...
Small Business, Enterprise and Employment Act 2015—position of creditors (decision making, notices, small debts etc) [Archived]This Practice Note has...
Creditors' decision-making in an IVA—the position under the Insolvency (England and Wales) Rules 2016Coronavirus (COVID-19)This content is affected by...
Creditors' decision-making in a liquidation—the position under the Insolvency (England and Wales) Rules 2016The Insolvency (England and Wales) Rules...
The deemed consent procedure, decision-making procedure, and meetings—the position under the Insolvency (England and Wales) Rules 2016The Insolvency...
Creditors’ meetings and proxies—the position under the Insolvency (England and Wales) Rules 2016Coronavirus (COVID-19)This content is affected by the...
The Insolvency (England and Wales) Rules 2016—Part 15 and 16: Creditors meetings and proxies [Archived]ARCHIVED: This Practice Note has been archived...
If a creditor wishes to try and recover from an insolvency estate, they must submit a proof of debt, unless the Insolvency (England and Wales) Rules...
This Q&A focuses on the definition of ‘connected with’ for the purpose of an administration and a proposal for a company voluntary arrangement (CVA)....
When a company enters into member voluntary liquidation (MVL), a liquidator is typically appointed by the company in a general meeting (section 91(1)...
The Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024, r 18.16 sets out the remuneration principles. These principles provide that an...
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