Insolvency & Restructuring News

Consultation on proposals for reforming the regulatory framework for Insolvency Practitioners

10/02/11

The Insolvency Service has launched a consultation on proposals for reforming the regulatory framework for Insolvency Practitioners.  The deadline for responding is 6 May 2011. The consultation can be found on the Insolvency Services website under 'What's New - Latest News'.


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Recent Bulletins

A key service provided by the ILA is the provision of bulletins keeping its membership up-to-date with the latest developments in insolvency law.

Below are a selection of recent topics covered:

  • MS Amlin Marine – Third Party (Rights against Insurers) Act 2010: contracts of marine insurance; “pay first” clauses
  • Signal Real Estate - Scottish administration declared ancillary to Luxembourg insolvency proceedings
  • Hobson v OAS Realisations – meaning of ‘unsecured creditors’