Insolvency Practitioner in UK Law
Leading Cases
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Re Hellas Telecommunications (Luxembourg) II SCA
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At the other end of the spectrum it may be that it is obvious that a particular pre-pack is on the evidence the only real way forward, in which case the court could give the administrators liberty to enter into the pre-pack, leaving open the possibility that a sufficiently aggrieved creditor could nevertheless challenge the administrator's decision ex post facto.
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Independent Insurance Company Ltd (in provisional liq) (No 2)
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I also consider that Mr. Batten's allusion to the firm's profitability has the potential to introduce a false element into the calculation. In fixing the remuneration of an office holder the court is concerned not with the profitability of the office holder's firm but with the value provided by the office holder in the form of the services of himself and his staff.
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Legislation
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The Insolvency (England and Wales) Rules 2016
... ... in the United Kingdom; “fees estimate” means a written estimate that specifies—(a) details of the work the insolvency practitioner (“the IP”) and the IP's staff propose to undertake;(b) the hourly rate or rates the IP and the IP's staff propose to charge for each part of that ... ...
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Pension Schemes Act 2021
... ... sectionassociate has the meaning given in section 435 of the Insolvency Act 1986;director and shadow director have the meaning given in section ... is in accordance with the person's functions as an insolvency practitioner in relation to another person.(5) For the purposes of this section a ... ...
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Bankruptcy (Scotland) Act 2016
... ... 11(1)(a) substituted (31.12.2020) by The Insolvency (EU Exit) (Scotland) (Amendment) Regulations 2019 (S.S.I. 2019/94), regs ... : approval of undertaking offered by member State insolvency practitioner to local creditors in the UK ... ...
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Insolvent Partnerships Order 1994
... UNITED KINGDOM STATUTORY INSTRUMENT ... 1994 No. 2421 ... INSOLVENCY ... The Insolvent Partnerships Order 1994 ... Made 13th September 1994 ... “responsible insolvency practitioner” means— ... (a) in winding up, the liquidator of an insolvent ... ...
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Books & Journal Articles
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Insolvency judges meet strategic behaviour: A comparative empirical study
This article reports the results of a comparative empirical legal study that analyzed (1) strategic behaviour by actors in insolvencies that is salient to insolvency judges and (2) how insolvency j...... ... , namely Italy,the Netherlands, Poland, and Portugal, the study reveals how differences regarding case allocation,judge insolvency practitioner (IP) interaction, and remuneration and case financing can result instrategic behaviour on both the side of the judges and the IPs. From this, it ... ...
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The Discretion of Scottish Courts to Make an Administration Order in Relation to Foreign Companies: In Re Seventeen Yellow Crowns SARL
... ... rarely have the opportunity to analyse matters of cross-border insolvency. In Re Seventeen Yellow Crowns SARL1 the Court of Session considered the ... where a foreign court has already appointed an insolvency practitioner. The case was a unique opportunity for the Scottish courts to express ... ...
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Index
... ... and liquidation 221–3 relevant provisions of the Insolvency ... Act 1986 200 removal of the receiver 220 remuneration and ... receiver 339–40 appointment of responsible insolvency practitioner 352–4 appointment by meetings (or nominations) of the creditors or ... ...
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Preliminary Sections
... ... Preface ... The law of insolvency is notorious among practitioners and academics as an area of considerable ... of winding up 54 3.5.12 Completion 54 3.6 Insolvency practitioner involvement 55 3.6.1 Nominee’s scrutiny of the proposals 56 3.6.2 ... ...
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Law Firm Commentaries
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Pension Protection Fund – new guidance on Insolvency Practitioner fees
The UK’s Pension Protection Fund (PPF) is about to publish new guidelines to reflect their increased focus on the approval of Insolvency Practitioner’s (IPs) fees. The guidelines require IPs to pro...
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New Look and Regis from a UK Insolvency Practitioner’s Perspective
In our second alert in the series we consider the key takeaways for UK insolvency practitioners following the CVA challenges in New Look and Regis. Our alert considers the following: Nominee’s dut...
- Brave New World: What Every Commercial Practitioner Needs To Know About The New Corporate Insolvency Law
- Brave New World: What Every Commercial Practitioner Needs To Know About The New Corporate Insolvency Law - Jeremy Richmond QC, Nicola Allsop & Emily Saunderson
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Forms
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Statutory Demand under Section 268(1)(a) of the Insolvency Act 1986. Debt for Liquidated Sum Payable Immediately
Forms relating to bankruptcy and insolvency, including the application for a certificate to show your bankruptcy has ended.... ... are in doubt about your position you should seek advice immediately from a solicitor, a Citizen Advice Bureau or a licensed insolvency practitioner ... Notes for Creditor ... If the Creditor is entitled to the debt by way of assignment, details of the original creditor and any ... ...
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Demand immediate payment of a debt ('statutory demand')
Forms relating to bankruptcy and insolvency, including the application for a certificate to show your bankruptcy has ended.... ... Statutory Demand under Section 268(1)(a) of the Insolvency Act 1986. Debt for Liquidated Sum Payable Immediately ... Warning ... a solicitor, a Citizen Advice Bureau or a licensed insolvency practitioner ... Notes for Creditor ... If the Creditor is entitled ... ...
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Statutory demand under Section 268(1)(a) of the Insolvency Act 1986. Debt payable at future date
Forms relating to bankruptcy and insolvency, including the application for a certificate to show your bankruptcy has ended.... ... are in doubt about your position you should seek advice immediately from a solicitor, a Citizen Advice Bureau or a licensed insolvency practitioner ... Notes for Creditor ... If the Creditor is entitled to the debt by way of assignment, details of the original creditor and any ... ...
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Statutory demand under section 268(1)(a) of the Insolvency Act 1986. Debt for liquidated sum payable immediately following a judgment or order of the court
Forms relating to bankruptcy and insolvency, including the application for a certificate to show your bankruptcy has ended.... ... are in doubt about your position you should seek advice immediately from a solicitor, a Citizen Advice Bureau or a licensed insolvency practitioner ... Notes for Creditor ... • If the Creditor is entitled to the debt by way of assignment, details of the original ... ...
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