The following Restructuring & Insolvency news provides comprehensive and up to date legal information on Restructuring & Insolvency weekly highlights—17 April 2025
The following Restructuring & Insolvency news provides comprehensive and up to date legal information on The treatment of principal secured debt under a mental health crisis moratorium (Seculink Ltd v Forbes)
Role, powers, functions and duties of a liquidatorThe role and function of a liquidatorA liquidator is the officer appointed when a company goes into...
What is a statutory declaration of solvency, and what happens if a false declaration of solvency is madeCoronavirus (COVID-19)This content is affected...
Bonds and notesThe terms ‘bonds’ and ‘notes’ are used interchangeably (and there is no legal difference between the terms), though notes tend to be...
Obtaining Official Copies from HM Land RegistryThis Practice Note provides guidance in obtaining official copies of the entries on the title of a...
When can an office-holder seek directions from the court in insolvency proceedings?The power to seek directions from the courtOffice-holders in insolvency proceedings have statutory powers to seek directions from the court in relation to the performance of their duties. These powers derive
Role, powers, functions and duties of an administratorThe role, functions, powers and duties of an administrator are set out in the Insolvency Act 1986 (IA 1986) and Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024. While the Enterprise Act 2002 (EnA 2002) significantly amended the
A company previously dissolved after voluntary liquidation has be restored by court order. What steps should the liquidator take upon re-appointment? Would they need to invite creditors to claim, produce back dated annual reports for the period of dissolution, or seek a new indemnity from the
What are the grounds and procedure for removing a trustee in bankruptcy (trustee) from office? And if a trustee is removed from office, where do their fees and expenses stand in the order of priority?Removal of a trusteeThe trustee of a bankrupt's estate may be removed from office by an order of the
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