Three Stone

Experts

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Emma Knight
Three Stone
Katherine (Kate) Hallett
Barrister
Three Stone
Simon Hunter
Three Stone
Contributions by Three Stone Experts

10

After-acquired property under section 307 of the Insolvency Act 1986
After-acquired property under section 307 of the Insolvency Act 1986
Practice notes

This Practice Note, produced in partnership with Katherine Hallett of Three Stone Chambers and amended in light of the Insolvency (England and Wales) Rules 2016 by Amit Gupta of Enterprise Chambers, looks at the concept of after-acquired property under section 307 of the Insolvency Act 1986, which enables a trustee in bankruptcy to claim property for the bankruptcy estate which is acquired by, or devolves on, the bankrupt after the date of the bankruptcy order and before the bankrupt’s discharge.

Dissolution following completion of MVL
Dissolution following completion of MVL
Practice notes

This Practice Note, produced in partnership with Simon Hunter of Three Stone, details the process of dissolution following completion of a members’ voluntary liquidation.

MVL versus striking off
MVL versus striking off
Practice notes

This Practice Note, produced in partnership with Simon Hunter of Three Stone, discusses members’ voluntary liquidation and striking off (and dissolution) of a company, more particularly the advantages and disadvantages of each process.

MVL—the information and documents to be provided to the liquidator by the company
MVL—the information and documents to be provided to the liquidator by the company
Practice notes

This Practice Note, produced in partnership with Simon Hunter of Three Stone, details what information and documents the liquidator will need from a company in order to proceed with a members’ voluntary liquidation and acts as a practical checklist for both the company and the liquidator.

Placing a company into MVL
Placing a company into MVL
Practice notes

This Practice Note, produced in partnership with Simon Hunter of Three Stone, considers the process to place a company into members’ voluntary liquidation including swearing a declaration of solvency, the meetings that take place and the relevant notice requirements for this process.

Removal of voluntary liquidator by creditors' decision procedure
Removal of voluntary liquidator by creditors' decision procedure
Practice notes

This Practice Note, produced in partnership with Simon Hunter of Three Stone, gives guidance as to the practice and procedure in relation to the removal of a liquidator in a creditors’ voluntary liquidation (also known as voluntary winding up) by way of a creditors’ decision procedure without the need for a court order.

Voluntary arrangement in respect of a Limited Liability Partnership
Voluntary arrangement in respect of a Limited Liability Partnership
Practice notes

This Practice Note, produced in partnership with Andy Taylor of Isador Goldman and Emma Knight and Simon Hunter of Three Stone chambers, looks at voluntary arrangements (VAs) of Limited Liability Partnerships (LLPs). It covers the process and procedure of voluntary arrangements for LLPs (also known as compositions or schemes).

What is a members' voluntary liquidation and when is it typically used?
What is a members' voluntary liquidation and when is it typically used?
Practice notes

This Practice Note, produced in partnership with Simon Hunter of Three Stone, sets out what a members’ voluntary liquidation (MVL) is, who can propose a MVL and the circumstances in which it is appropriate. It provides some useful information on the procedure surrounding an MVL, including the need for a liquidator to oversee the process and what that liquidator must do as part of the process. It also refers to requisite forms to use.

Other Work
Directors’ due diligence questionnaire and guidance before swearing a statutory declaration of solvency for a members' voluntary liquidation
Directors’ due diligence questionnaire and guidance before swearing a statutory declaration of solvency for a members' voluntary liquidation

This Checklist, produced in partnership with Simon Hunter of Three Stone, sets out matters that should be considered before a director of a company swears a statutory declaration of solvency to place a company into members’ voluntary liquidation.

How to place a company into MVL—checklist and timeline
How to place a company into MVL—checklist and timeline

This Checklist, produced in partnership with Simon Hunter of Three Stone, sets out the practical steps required to place a solvent company into members’ voluntary liquidation, including convening the requisite meetings, making a statutory declaration of solvency and statutory filing and advertising obligations.

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