South Square Chambers

This Practice Note, produced in partnership with Jamil Mustafa of South Square Chambers, considers what amounts to an expense in an administration and some of the key case law on this topic.

This Practice Note, produced in partnership with William Willson of South Square Chambers and updated by Nora Wannagat of Tanfield Chambers, looks at decision-making in relation to company voluntary arrangement proposals. It discusses the decision procedure for creditors (including the particularities for contingent and secured creditors), voting rights, majorities, challenges and appeals.

This Practice Note, produced in partnership with Marcus Haywood of South Square Chambers, considers the procedure and practicalities of creditor decision-making in a liquidation. It discusses the liquidation committee, the modes of decision-making and physical meetings of creditors.

This Practice Note, produced in partnership with Marcus Haywood of South Square Chambers, discusses the formalities and practicalities of creditor decision-making in an individual voluntary arrangement.

This Practice Note, produced in partnership with Marcus Haywood of South Square Chambers, considers the procedure and practicalities of creditor decision-making in administrative receivership. It discusses the relationship between the administrative receiver and creditors, the establishment of a creditors’ committee, meetings of the creditors’ committee, the decision procedures, voting in a decision procedure, the procedure for admitting a creditor’s claim for voting, requisite majorities and records.

This Practice Note, produced in partnership with Paul Fradley of South Square, considers debt in an insolvency process. It discusses provable debts, future debts, contingent debts and secured debts.

This Practice Note, produced in partnership with William Willson of South Square Chambers and amended in light of the Insolvency (England and Wales) Rules 2016 by Lydia Pemberton of St. Philips Chambers, looks at income payment agreements (IPAs) made under section 310A of the Insolvency Act 1986 that allow trustees in bankruptcy to claim—for a limited time and with the agreement of the bankrupt—the bankrupt’s surplus income for the benefit of the bankruptcy estate.

This Practice Note, produced in partnership with William Willson of South Square Chambers, and updated by Samuel Laughton of Ten Old Square, discusses what counts as an expense in insolvency. It looks at what expenses are and how they apply in liquidation, administration and bankruptcy.

This Q&A considers the situation where a party (A) owes money to another party (B), and B enters an insolvency process.