BDO

This Practice Note, produced in partnership with South Square Chambers and BDO, sets out the formalities and practical considerations of decision making by creditors in an administration.

This Practice Note, produced in partnership with South Square Chambers and BDO LLP, discusses how a creditor may vote at a meeting by proxy rather than personal attendance and the formalities surrounding this.

This Practice Note, produced in partnership with Rosanna Foskett and Promit Chatterjee of Maitland Chambers, looks at the position of foreign creditors and foreign currency debts in an English insolvency.

This Practice Note, produced in partnership with South Square and BDO LLP, looks at income payments orders (IPOs) made under section 310 of the Insolvency Act 1986 that allow trustees in bankruptcy to claim a bankrupt’s surplus income for the benefit of the bankruptcy estate. It summarises who can apply for an IPO, when application can be made, and how much a trustee in bankruptcy can claim as part of an IPO.

This Practice Note, produced in partnership with South Square and BDO LLP, considers who are bondholders, and why it may be beneficial for them to form a committee in order to protect their interests in a restructuring situation. It gives information on the formation and membership of such a committee, and what role they may be able to undertake.

This Practice Note discusses insolvency set-off in bankruptcy, liquidation and administration, including the requirements that claims must be due, commensurable and there must be mutual dealings. It also looks at the exceptions to insolvency set-off, the position concerning secured liabilities and construction adjudication.

This Practice Note, produced in partnership with South Square Chambers and BDO LLP, looks at interim receivers in personal insolvency appointed under section 286 of the Insolvency Act 1986 in the period between the presentation of a bankruptcy petition and the making of a bankruptcy order.

This Practice Note, produced in partnership with South Square Chambers and BDO LLP, looks at the obligation of contributories to settle a company in liquidation’s debts and liabilities as well as the expenses of the liquidation where the assets of the company are insufficient. It examines the general position, calls following a liquidation, the basic principles of contributories’ liability, calls and set-off, and the bankruptcy of a contributory.

This Practice Note, produced in partnership with South Square Chambers and BDO LLP, discusses creditor voting and decision-making in relation to the appointment of a liquidator in compulsory liquidation and creditors’ voluntary liquidation, the consideration of an administrator’s proposals for achieving the purpose of administration, the extension of a moratorium under Part A1 of the Insolvency Act 1986 and the consideration of individual voluntary arrangement and company voluntary arrangement proposals.