Q&As

Is a trustee in bankruptcy (trustee) able to obtain copies of the bankrupt’s files from the bankrupt’s previous solicitors without incurring any copying fees? If so, what is the authority for this?

read titleRead full title
Produced in partnership with Chris Adams of Gosschalks
Published on: 12 April 2018
imgtext

Upon bankruptcy, the bankrupt’s estate vests in the trustee immediately upon their appointment taking effect (section 306 of the Insolvency Act 1986 (IA 1986)).

You may find: Definition of the bankruptcy estate and which assets vest in the trustee in bankruptcy—overview useful for your purposes.

Should documents such as a file of papers held by the bankrupt’s former solicitors not be provided, the trustee can of course use their powers under IA 1986, s 366 to force the former solicitors to disclose them.

The question as to who is responsible for any copying fees incurred by the former solicitors depends on the ownership of the file and the papers contained within it. As set out above, if the whole file belonged to the client (who is now the bankrupt) that vests in the trustee upon their appointment taking effect and belongs to them—they therefore own the

Chris Adams
Chris Adams

Chris is an associate in the Restructuring and Insolvency team at Gosschalks Solicitors specialising in both contentious and non-contentious insolvency. Chris is regularly instructed by Liquidators, Administrators, Supervisors of Voluntary Arrangements, Trustees in Bankruptcy and LPA Receivers ' as well as banks enforcing their securities. He has particular expertise in office holder claims, such as:- ' Breach of duty/fiduciary duty claims; ' Preference; ' Wrongful and fraudulent trading; and ' Transactions at an undervalue. Chris also specialises in banking situations together with complex and high value director and shareholder disputes. Chris' clients include Begbies Traynor LLP ' RSM, Kingsbridge Corporate Solutions, Wilson Field, KPMG and Grant Thornton.

Powered by Lexis+®
Jurisdiction(s):
United Kingdom
Key definition:
Trustee definition
What does Trustee mean?

An individual or company that is appointed to carry out the purposes of a trust.

Popular documents