Duties of an office-holder to realise property Insolvency procedures (such as administration, liquidation or bankruptcy) involve the appointment of an insolvency...
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...
This Practice Note considers the Third Parties (Rights Against Insurers) Act 2010 (TP(RAI)A 2010) and the Third Parties (Rights Against Insurers) Act 1930 (TP(RAI)A...
Financial services firms and insolvency provisions in FSMA 2000 The provisions in Part XXIV of the Financial Services and Markets Act 2000 (FSMA 2000) allow the...
Brexit impact This Practice Note is impacted by the decision of the UK on 23 June 2016 to leave the European Union. For the impact on insurers, see Practice Note:...
Consistent with the common law of contract, an insurer is not able to transfer the burden of its obligations under a contract of insurance without the consent of the...
The Insurers (Reorganisation and Winding-Up) Regulations 2003 (SI 2003/1102) (2003 Regulations) were introduced to implement the EU Directive on the Reorganisation and...
BREXIT: 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. For further guidance on...
This Practice Note considers the key provisions of the Third Parties (Rights Against Insurers) Act 2010 (the 2010 Act), which replaced the Third Parties (Rights Against...
Purpose of the TP(RAI)A 2010 The Third Parties (Rights against Insurers) Act 2010 (TP(RAI)A 2010) repeals and replaces the Third Parties (Rights against Insurers) Act...
This flowchart provides an overview of the application of the Third Parties (Rights Against Insurers) Act 2010 and the Third Parties (Rights Against Insurers) Act 1930....