Once a company goes into liquidation (whether compulsorily following the making of a winding-up order, or voluntarily following the passing of a resolution by the company's members), the company remains a separate legal personality notwithstanding liquidation, and remains the legal owner of its property which it holds on trust for its creditors in accordance with the provisions of the Insolvency Act 1986 (IA 1986). Accordingly, the company will remain the legal owner of the cause of action. For further reading, see Commentary: Property available for distribution, Bailey & Groves: Corporate Insolvency—Law & Practice, para [22.1]. It is one of the main duties of