Insolvency & Restructuring News

Insolvency Express Trials Pilot

24/03/16

From 6 April 2016, a new, voluntary regime for insolvency cases is to begin as a two year pilot in the registrars' courts in the Chancery Division of the High Court at the Rolls Building. The Insolvency Express Trials (IET) Pilot will only apply to simple applications, with a costs cap of £75,000. A note detailing the IET Pilot issued by the Chief Bankruptcy Registrar is attached.

Insolvency Express Trials Pilot


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Recent Bulletins

A key service provided by the ILA is the provision of bulletins keeping it’s membership up-to-date with the latest developments in insolvency law.

Below are a selection of recent topics covered:

  • Allanfield Property Insurance Services Limited – Distribution of client monies under CASS 5
  • Kornhaas v Dithmar - German law applied under Art 4 to claim against director of English company
  • Re Lehman Brothers International (Europe) Limited - statutory interest and currency conversion claims