This Practice Note, produced in partnership with Kate Rogers of Radcliffe Chambers, looks at stays of proceedings (usually actions brought by creditors) in the context of liquidations, including what a liquidation stay is, when a liquidation stay will apply, the purpose and effect of a liquidation stay on creditors and creditors’ actions, the factors the court will take into account when either lifting or imposing a liquidation stay and how to make an application to lift a liquidation stay.