Insolvency & Restructuring News

What's been hitting the headlines? Here you will find news stories covering all forms of Insolvency and Restructuring in the media.

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ILA Network seminar Pension Schemes Act 2021: New Pensions Regulator powers and criminal penalties

The session slides from The ILA Associates' Network's recent FREE session on the new and widened powers of the Pensions Regulator and the new criminal offences under the Pension Schemes Act 2021 are now avaiable. Read More


Corporate Insovency and Governance Act (CIGA) ILA webinar series

The CIGA came into force on 26 June 2020. In response to Covid-19, its aim is to assist companies and directors through these challenging times. The ILA is running a series of webinars which are free to members. Read More


Lydia Tsioli, winner of the 2019 Paul Bromfield ILA Insolvency and Restructuring Research Scholarship, talks to the ILA

This year’s recipient of the Paul Bromfield ILA Insolvency and Restructuring research scholarship is Lydia Tsioli, a PhD in Law Candidate at King's College London as well as a qualified lawyer at the Athens Bar Association. Read More



The Consent Protocol attached to the Technical Committee's email of 3 April has now been amended to reflect feedback obtained from the IP community Read More


Temporary Insolvency Practice Direction

A Temporary Insolvency Practice Direction supporting the July 2018 Insolvency Practice Direction is now in force and will, unless amended or revoked earlier, remain in force until 1 October 2020. Read More


Saving Livelihoods - UPDATE and Consent protocol: Leaving certain management powers with the directors

The Technical Committee has updated its recent Rescue Administration: Saving livelihoods briefing note and produced produced a form of protocol which could be used by an administrator to consent to the directors continuing with certain management powers Read More


Rescue Administration: Saving Livelihoods

Given the economic impact of COVID-19, the Technical Committee with the CLLS have produced the attached briefing note to remind members of the flexibility to mobilise administration to stabilise, protect, and, if necessary, restructure companies Read More


Annual dinner lecture - Crypto-currencies and insolvency

Annual dinner lecture by Mr Justice Zacaroli on crypto-currencies and insolvency dedicated to the memory of Gabriel Moss QC. Read More


Peter Horrocks

Family, friends and professional colleagues across the world have mourned the passing of an ILA founding member, Peter Horrocks, after a short illness. Read More


The Insolvency Lawyers’ Association (ILA) Technical Committee The City of London Law Society (CLLS) Insolvency Law Sub-Committee   ISSUES PAPER ON LEGISLATIVE REFORMS (2018/2019)

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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:

  • Deposit Guarantee Fund, Invest Bank and Wotherspoon – s423 IA 1986
  • SoS for BEIS v Vanguard Insolvency Practitioners Limited – volume IVA providers: winding up in the public interest
  • Active Wear Limited – Effectiveness of sole director decisions and appointment of administrators