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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Corporate Insolvency and Governance Act 2020
......practitioner; . “unable to pay its debts”—(a) in relation to a registered company, has the same meaning as in Part 4 (see section 123);(b) in relation to ......
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The Insolvency (England and Wales) Rules 2016
...... “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 ......
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Technical and Further Education Act 2017
......insolvency etc Part 2 . Further education bodies: insolvency etc . CHAPTER 1 . ... only if the person would be qualified to act as an insolvency practitioner in relation to the further education body. . (3) While an education ......
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Bankruptcy (Scotland) Act 2016
...... qualified creditor or qualified creditors only if the apparent insolvency founded on in the petition was constituted within 4 months before the date ... . . (b) a person not qualified to act as an insolvency practitioner,. . . (c) a person who, though qualified to act as an insolvency ......
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Books & Journal Articles
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Are you an Unwitting Victim of Insolvency?
Victims of insolvency are not just those provided for in the legislation. This paper explores just who are the victims of insolvency and what their statutory remedies are....... s o f ta x fo r th e perio d o f fou r month s nex t befor e th e dat e o f th e appointmen t o f th e insol - venc y practitioner . Moreover , ther e i s a dut y o n employ - ee s t o mitigat e thei r los s an d therefor e th e preferentia l elemen t o f ......
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8 ways to ... improve working capital.
......John Alexander, an insolvency practitioner and partner at accounting firm Carter Backer Winter, says ......
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Occupational hazards: some employers hand out fancy job titles as a zero-cost motivational tool, while others use them to attempt a laudable culture change, But, as Charles Orton-Jones explains, the usual outcomes are cynicism and confusion.
......Should a company go bust, the insolvency practitioner will be required to sniff out shadow directors and re them. ......
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Recovery from the Corrupt
A further illustration of the increasing grip of the law of equity in enabling monies that are part of a fraud to be recovered by the victim is provided by the Privy Council decision in Attorney‐Ge......... shar e wit h the m rateabl y i n th e cas e o f hi s insolvency . Th e increas e i n valu e i n th e Ne w Zealan d propertie s ......
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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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