Navigate the key responsibilities and powers imparted to administrators, liquidators, and trustees. This topic provides a detailed practical framework essential for guiding office-holders through their legal duties and strategic decision-making processes in restructuring and insolvency cases.
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on The limits of the equity of exoneration) spousal relationships and direct benefit (Armstrong v Harrow)
The following Pensions news provides comprehensive and up to date legal information on High Court grants mandatory injunction against pension to enforce judgment debt (Century Property v Aldiss)
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on Restructuring and Insolvency weekly highlights—7 August 2025
Role, powers, functions and duties of a liquidatorThe role and function of a liquidatorA liquidator is the officer appointed when a company goes into...
Bonds and notesThe terms ‘bonds’ and ‘notes’ are used interchangeably (and there is no legal difference between the terms), though notes tend to be...
Bankruptcy searchesBankruptcy searches at the Land Charges DepartmentWhen a bankruptcy petition is presented by a creditor, the court shall as soon as...
Basic introduction to super senior, senior, mezzanine and junior debtThe range of funding options open to companies has exploded, resulting in a vast...
Does a power of attorney given by a company survive administration or liquidation? Is it possible to draft the power of attorney to enable it to survive?Company granting power of attorneyWhether a company (or any other body corporate) can grant a power of attorney will depend on its constitution.
Role, powers, functions and duties of an administratorThe role, functions, powers and duties of an administrator are set out in the Insolvency Act 1986 (IA 1986) and Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024. While the Enterprise Act 2002 (EnA 2002) significantly amended the
If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
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