Insolvency & Restructuring News

Insolvency Express Trials Pilot

24/03/16

From 6 April 2016, a new, voluntary regime for insolvency cases is to begin as a two year pilot in the registrars' courts in the Chancery Division of the High Court at the Rolls Building. The Insolvency Express Trials (IET) Pilot will only apply to simple applications, with a costs cap of £75,000. A note detailing the IET Pilot issued by the Chief Bankruptcy Registrar is attached.

Insolvency Express Trials Pilot


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ILA Insolvency & Restructuring Research Scholarship

The Restructuring Research Scholarship was introduced in 2014 to support PhD research in the field of insolvency or restructuring law at a UK institution.

For more information on how you could apply for this years award click here.

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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:

  • Esken Limited – interaction of para 83 Sched B1 and s221(4) IA 1986
  • English v SoS for Business & Trade – third exception to s216(3): r22.7 applies only to incorporated entities
  • Eversholt Rail – need for “reasonable requirement” under s235 and 236