Insolvency & Restructuring News

New Insolvency Practice Direction approved

23/02/12

The Chancellor of the High Court's new Insolvency Practice Direction has been approved by the Lord Chancellor and therefore comes into immediate effect today, 23 February 2012.

New Insolvency Practice Direction


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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