Insolvency & Restructuring News

The UK has opted in to the EU Commission’s proposals to amend the Regulation on insolvency proceedings

15/04/13

The European Commission published its proposals to reform the existing EU Insolvency Regulation in December 2012. Business Minister Jo Swinson has announced that the UK Government has exercised its right under the EU Treaty to opt-in to the Regulation, and will participate fully in negotiations and implementation of the Regulation.

A written copy of the ministerial statement is available here and the responses to the consultation are available here.


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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.

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’

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