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:

  • 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’