Insolvency Practitioner in UK Law

Leading Cases
  • Re Hellas Telecommunications (Luxembourg) II SCA
    • Chancery Division
    • 26 November 2009

    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.

  • Independent Insurance Company Ltd (in provisional liq) (No 2)
    • Chancery Division
    • 24 January 2003

    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
  • The Insolvency (England and Wales) Rules 2016
    • UK Non-devolved
    • January 01, 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 ... ...
  • Pension Schemes Act 2021
    • UK Non-devolved
    • January 01, 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 ... ...
  • Bankruptcy (Scotland) Act 2016
    • Scotland
    • January 01, 2016
    ... ... 2(1)(b)(ii)(iii) omitted (31.12.2020) by virtue of 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 ... ...
  • Insolvent Partnerships Order 1994
    • UK Non-devolved
    • January 01, 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
  • Insolvency judges meet strategic behaviour: A comparative empirical study
    • No. 27-2, April 2020
    • Maastricht Journal of European and Comparative Law
    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 in strategic behaviour on both the side of the judges and the IPs. From this, it ... ...
  • Index
    • Appendices
    • Law of Insolvent Partnerships and Limited Liability Partnerships
    • Elspeth Berry/Rebecca Parry
    • 657-670
    ... ... 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 ... ...
  • Preliminary Sections
    • Preliminary Sections
    • Law of Insolvent Partnerships and Limited Liability Partnerships
    • Elspeth Berry/Rebecca Parry
    • 1-21
    ... ... 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 ... ...
  • Legal Development
    • No. 22-5, October 2015
    • Maastricht Journal of European and Comparative Law
    ...22 MJ 5 (2015) 771LEGAL DEVELOPMENTTHE EU REGULATION ON INSOLVENCY PROCEEDINGS (RECAST)B W*A er two and a half ... 5 (2015) 775should be able, at the request of the insolvency practitioner in main proceedings, to postpone or refuse the openi ng of such ... ...
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Law Firm Commentaries
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Forms
  • Statutory Demand under Section 268(1)(a) of the Insolvency Act 1986. Debt for Liquidated Sum Payable Immediately
    • HM Courts & Tribunals Service court and tribunal forms
    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 ... ...
  • Demand immediate payment of a debt ('statutory demand')
    • HM Courts & Tribunals Service court and tribunal forms
    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 ... ...
  • 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
    • HM Courts & Tribunals Service court and tribunal forms
    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 ... ...
  • Statutory demand under Section 268(1)(a) of the Insolvency Act 1986. Debt payable at future date
    • HM Courts & Tribunals Service court and tribunal forms
    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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