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:

  • HMRC v Payroll & Pension Services – unlimited cross-undertaking in damages a condition to appointment of provisional liquidators
  • Southbank Tenant - reliance on alleged breach of s123 IA 1986 lease condition as ground for forfeiture
  • Dobbies Garden Centre – Scottish restructuring plan