Following a number of high profile company failures, the government is consulting on insolvency and corporate governance with the intention of updating the law. …
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The Insolvency Service has produced a consultation paper on the UK corporate insolvency framework and has proposed certain reforms.
High Court considers remedies available for void dispositions.
On 1 August 2016 the Third Parties (Rights Against Insurers) Act 2010 (Act) will come into force.
This case confirms that a trustee in bankruptcy, who is applying to set aside an ancillary relief settlement entered into prior to bankruptcy, will find this challenging.
The conduct of directors of insolvent companies reporting period has been reduced from six to three months from the date when the insolvency starts.
From 6 April 2016, debtors will no longer be able to petition the court for bankruptcy.
This case specifically considers a trustee in bankruptcy’s ability to pursue financial orders on divorce.
This case provides a clear and concise reminder of the principles to be adopted by liquidators in exercising their decision making powers where no sanction is required.