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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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:

  • Asertis Ltd – Section 236 Insolvency Act
  • Maxima Creditor Resolutions Ltd v Fealy – phoenix provisions third exception
  • Nardelli v Richardson – administrators’ duties to members and removal application