Insolvency & Restructuring News

Revised SIP 13 issued

22/11/16

A revised SIP 13 has been issued, which will come into effect on 1 December 2016. SIP 13 relates to disposal of assets to connected parties in personal and corporate insolvency process (other than MVLs). The revised SIP follows the key compliance standards model adopted in recent SIPs (including last year's revised SIP 16).

SIP 13


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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:

  • 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