Navigate the complexities of partnership insolvency with authoritative guidance designed for legal professionals. Unlock critical insights into legal strategies, practical steps, and judicious advice for managing the financial distress and dissolution of professional partnerships. Enhance your expertise and deliver effective solutions to clients navigating this challenging area.
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on New Flowchart—Fraudulent trading claims under sections 213 and 246ZA of the Insolvency Act 1986—flowchart
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on New Flowchart: Transactions at an undervalue under section 339 of the Insolvency Act 1986—flowchart
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on New Flowchart: Preferences under section 340 of the Insolvency Act 1986—flowchart
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...
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
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
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a
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